The 2201 silicomanganese contract price on ZCE closed at 12360 yuan per ton on October 19.

The State-owned group is confident it can harness new growth opportunities presented by many countries' plans to build new railroads and subways.

On a quarter-on-quarter basis, China's GDP expanded by 0.2 percent in the July-September period, versus 1.3 percent in the April-June period.

The 2201 ferrosilicon contract price on ZCE closed at 15710 yuan per ton on October 18.

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India: MOIL's next ferro manganese auction on 26 Oct'21

Manganese ore exports via Port Hedland down 44 percent in Sept from Aug.