China's raw coal output expanded by 0.9 percent year on year in 2020, while its coal imports increased 1.5 percent, data from the National Bureau of Statistics (NBS) showed.

The 2105 ferrosilicon contract price on ZCE closed at 6752 yuan per ton on January 29.

The relatively stable market continued to the early stage of January 2021, and the futures market went down from the middle and late January.

Monthly Report of Chromium Market (1.4-1.29): Chromium prices continue to rise, trading tends to calm.

Weekly Report of Chromium Market (1.18-1.22): The price of high-carbon ferrochrome rose explosively, and the spot price of high-grade and South African chromium concentrate continued to rise.

A total of 45,956 tonnes of FeSi and 81,576 tonnes of manganese alloys were sold during the quarter ended 31 December 2020.

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.