Liberty Steel is closing one of the three ovens at its Ostrava site in Czechia and there is a growing expectation that the company may idle its last two operational blast furnaces in Europe in the coming months.

The 2311 ferrosilicon contract price on ZCE closed at 7284 yuan per ton on September 5.

The company reported total iron ore sales of 3.54 million mt during the month, up 25 percent year on year.

Turkey-based Kaptan Demir Çelik (Kaptan lron & Steel), part of Kaptan Group, has started wire rod production at its new mill supplied by UK-based plantmaker Primetals Technologies.

Nigeria to Establish State-backed Corporation to Attract Investments in Mining Sector

The 2310 ferrosilicon contract price on ZCE closed at 7328 yuan per ton on September 4.

The basic contradiction between supply and demand still existed.

HBIS Group released its 72# ferrosilicon tender volome in September.