CHINA DATA: Independent refineries' feedstock imports fall 20% on month in Feb

The 2205 ferrosilicon contract price on ZCE closed at 10060 yuan per ton on March 8.

After completion, the logistics park's annual volume of transshipment cargo is expected to reach 16.2 million tons.

China's top economic planner has called for further improving the price-formation mechanism in the coal market to guide price movements within a reasonable range.

"I was told that these projects can generate a combined annual output value of 13.2 billion yuan, once they are operational," Wu said.

FORTUNE 500 company, Tsingshang’s massive steel and ferrochrome production plant is taking shape near Zimbabwe’s mining town of Mvuma, Standardbusiness established last week.

CALLS for Zimbabwe to ban scrap metal exports have grown amid revelations about 30 foundry and steel recycling firms have closed shop in the last two years due to acute shortage of feedstock and high scrap metal prices.

More efforts will also be made to improve the performance of safety features in auto batteries and their ability to withstand low temperatures, he added.