[Ferro-Alloys.com] LISTED nickel miner, Bindura Nickel Corporation (BNC) has tabled a plan to increase its extraction resource base to 8 000 metres in line with the miner’s new strategic priority.

Its main imports from Australia last year included iron ore and natural gas, which took up 70.6 percent of the total Chinese imports from Australia.

One of the routes, linking China and Malaysia, will help build an efficient and low-cost maritime logistics channel.

Roach said he expects container rates to normalize later in the year after COVID-19 vaccines have been rolled out globally.

China will come out with an action plan soon to further reduce the carbon footprint of the steel industry in the country, a top industry association said on Wednesday.

China will step up efforts in reducing steel production and set up a mechanism for the regulation of the remaining steel to reach goals for "carbon-peak" and "carbon neutralization".

The 2105 ferrosilicon contract price on ZCE closed at 7012 yuan per ton on January 27.

On the 27th, the national billet market rose steadily.