China's steel sector registered output expansion last year, industrial data showed.

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 output of steel reached 4.82 million tons, a year-on-year increase of 57.4%.

The prices of tungsten alloy rise slightly;

The prices of molybdenum alloy rebound;

The vanadium market runs smoothly;

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.