The restart has been achieved in just six months following intensive work to prepare the site for their return to steelmaking operations after the previous owner fell into administration.

The ferrosilicon will be mainly exported, the Interfax news agency reported the ministry as saying.

The current ferrosilicon market is still tight-supply, the atmosphere of price support is strong.

The 2101 ferrosilicon contract price on ZCE closed at 5844 yuan per ton on October 23.

Ferrosilicon tender notice of October, 2020 (10/23/2020).

Indian ferro silicon prices remain stable despite moderate demand from the domestic market.

Indian ferro silicon prices remain stable despite moderate demand from the domestic market.

The 2101 ferrosilicon contract price on ZCE closed at 5854 yuan per ton on October 22.