China EV ambitions threat to entire US auto industry – report

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

The 2010 ferrosilicon contract price on ZCE closed at 5650 yuan per ton on September 30.

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

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.

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.

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