As one of the hard to abate industrial sectors, the steel industry recognises that we need to act.

Tungsten gains slowed

Molybdenum prices up slightly

Vanadium prices rise sharply

The 2105 ferrosilicon contract price on ZCE closed at 7200 yuan per ton on December 25.

Higher raw materials price and bidding price, tight spot and strong futures market, the ferrosilicon spot market remain strong this week.

World steel consumption is likely to decline by 2.2pc in 2020, the OCE said.

Crude Steel Production down slightly YoY in Hebei, China in November, 2020.