The 2211 ferrosilicon contract price on ZCE closed at 8046 yuan per ton on November 2.

The remarks came after the association reported weakening demand of steel materials and high prices of raw materials used in production like coking coals.

Therefore, China's macroeconomic policies should continue to focus on expanding infrastructure investment and stabilizing real estate investment.

The industrial profit data covers large firms with annual revenues of at least 20 million yuan from their main operations.

Overseas players grasp opportunities from dual goals, enhance local ties, R&D.

Lian also introduced development situations of Hebei during the conference.

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It was expected that the operation would continue to be weak in the short term.