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Key word of ferrosilicon market of this week was: Inventory pressures.

The steel industry operates steadily on the whole in 2019, according to Ministry of Industry and Information Technology (MIIT).

Ferrosilicon futures 2005 contract close at 5602 on Thursday March 12.

China Taiyuan coal transaction price index stood at 133.16 points Monday, up 0.07 percent week on week.

In 2019, ArcelorMittal had revenues of USD 70.6 billion and crude steel production of 89.8 million tonnes (MT), while own iron ore production reached 57.1 MT.

Rebar stockpiles kept piling up this week, and the total inventories is over 21.5 million tons.

China Taiyuan coal transaction price index stood at 133.16 points Monday, up 0.07 percent week on week.

Ferrosilicon futures 2005 contract closed at 5620 on Wednesday March 11.