The head of Italian equipment and engineering company Danieli said the company had signed a collaboration deal with China's HBIS.

Experts expect construction related to key projects to buoy industry's prospects.

In September, the ferrosilicon market continued to be stronger, with tight spot and low inventory.

Cutting the use of coal is one of the province's key measures to promote environmental conservation.

They will also cooperate in bonded-area operations and trade and jointly build an iron ore blending and distribution center in northeast Asia, according to the MOU.

China Taiyuan coal transaction price index stood at 125.91 points Monday, up 0.73 percent week on week.

In the first 8 months, China's crude steel production accounted for 58% of the world's total, and demand for steel production increased significantly.

In Jan-Aug 2020 China ferrosilicon (>55%) exports down 28.11% YoY.