Japan ferrosilicon (≤55%) imports up 40.92% YoY in December, 2020.

The 2105 ferrosilicon contract price on ZCE closed at 7,796 yuan per ton on February 26.

Japan ferrosilicon (>55%) imports down 22.40% YoY in 2020.

Japan ferrosilicon (≤55%) imports down 46.43% YoY in 2020.

"China has been the largest market for Vale since 2006 and has become more and more important to Vale in recent years," Xie said.

The 2105 ferrosilicon contract price on ZCE closed at 7,684 yuan per ton on February 25.

The amount exceeded the previous record of 1.08 billion tons in 2017, said the General Administration of Customs.

The 2105 ferrosilicon contract price on ZCE closed at 7746 yuan per ton on February 24.