The 2105 ferrosilicon contract price on ZCE closed at 7530 yuan per ton on February 23.

From 2016 to 2020, Hebei reduced its crude steel production capacity by over 82 million tons, said the report delivered at the annual session of the provincial legislature, which opened on Friday.

Ground has been broken for a massive expansion project that will add an electric arc furnace to the AM/NS Calvert steel mill north of Mobile.

The 2105 ferrosilicon contract price on ZCE closed at 7370 yuan per ton on February 22.

The lab in Taiyuan, the provincial capital, was jointly built by the Shanxi provincial government, Huawei Technologies Co., Ltd., and two local enterprises.

After the Spring Festival holiday, ferrosilicon spot market gradually returned to normal operation.

The 2105 ferrosilicon contract price on ZCE closed at 7224 yuan per ton on February 19.

On a month on month basis, the CPI rose by 1.0% in January, 0.3 percentage points higher than that of last month.