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The 2109 ferrosilicon contract price on ZCE closed at 7,688 yuan per ton on May 7.

A reading above 50 indicates expansion, while a reading below reflects contraction.

The 2109 ferrosilicon contract price on ZCE closed at 7,576 yuan per ton on May 6.

Tariffs on exports of products such as ferrosilicon, ferrochromium, and high-purity pig iron will be raised temporarily to a rate of 25 percent, 20 percent, and 15 percent, respectively.

The 2109 ferrosilicon contract price on ZCE closed at 7,414 yuan per ton on April 30.

Tariffs on exports of products such as ferrosilicon, ferrochromium, and high-purity pig iron will be raised temporarily to a rate of 25 percent, 20 percent, and 15 percent, respectively.

The 2109 ferrosilicon contract price on ZCE closed at 7,658 yuan per ton on April 29.

The CEC in February forecast a year-on-year increase in electricity consumption of 6-7pc for 2021, but has revised its outlook upwards to 7-8pc, citing expectations of stronger domestic and overseas economic activity.