The 2211 ferrosilicon contract price on ZCE closed at 8756 yuan per ton on October 12.

Mining sector would be hardest hit by Transnet strike, says economist

Mining sector would be hardest hit by Transnet strike, says economist

Integrated steelmaker US Steel is indefinitely idling a blast furnace at its Mon Valley Works in Pennsylvania.

Japanese automaker Honda expects to boost its North American production in the fourth quarter as access to auto parts improves.

US steelmakers' attempts to correct the oversupply may be swamped by new capacity coming online.

Private construction was at a seasonally adjusted annual rate of $1.43tn, 0.6pc below the July estimate of $1.44tn.

The 2211 ferrosilicon contract price on ZCE closed at 8698 yuan per ton on October 11.