Latin America saw its production of crude steel in December fall by 12% compared to the same month of 2018.

Ferrosilicon futures 2005 contract close at 5762 on Friday February 21.

The steel mills continue purchasing ferrosilicon but the tender price declining from last week.

Ferrosilicon futures 2005 contract close at 5784 on Thursday February 20.

China’s average daily raw steel production.

United Kingdom-based energy company Shell Energy Europe has signed a multi-year deal to purchase electricity from a China-run power storage project in the UK, which when completed will be one of the largest battery installations in Europe.

Ferrosilicon futures 2005 contract close at 5740 on Wednesday February 19.

"We have difficulties shipping raw materials from the port to mill. Our raw material inventory is not that sufficient; with some brands it's only 2-3 days, but it is higher for some other brands," a mill procurement official said.