Inner Mongolia, which is the main district of ferroalloy production in China, has distributed Reward funds of RMB206 million to eliminate the outdated capability. 38 projects have been benefited from the rewards, referring 299.8 thousand tons of ferroalloy cap...
It seems China has made a major-scale order to stop production of ferroalloys in the wide area including Fengzhen City in Inner Mongolia from October 20 to mid-November.
According to statistic National Bureau of Statistic of China, Chinese ferroalloy production in September was 3.2565 million tons, up by 6% M-O-M and up by 1.3% Y-O-Y. And the production was totally 27.905 million tons in Jan-Sep of 2014, up by 6.9% Y-O-Y.
According to the latest Customs statistic, China exported 53,224 tons of ferroalloys in September 2014, dropping down by 6.8% M-o-M but violently up by 62.8% Y-O-Y. The exported materials included 43,781 tons of ferrosilicon.