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The 2101 ferrosilicon contract price on ZCE closed at 6268 yuan per ton on December 3.

The No.4 furnace at Gary has a rated annual capacity of 1.36 million st/year, according to data from the Association for Iron and Steel Technology.

The steelmaker has informed some customers that some orders for January production would have to be delayed until February.

Thyssenkrupp received a non-binding offer from Liberty Steel for its steel unit in October.

US hot-rolled coil (HRC) prices continued their march upwards.

Australian Vanadium (ASX:AVL) signed a non-binding memorandum of understanding with chemical producer US Vanadium for future vanadium offtake sourced from the miner’s Vanadium project in Western Australia.

The 2101 ferrosilicon contract price on ZCE closed at 6346 yuan per ton on December 2.

The accelerated speed of change is not likely to stop.