This week, the ferrosilicon spot market kept stable, and the inventory of manufacturers was low.

In the week ending on August 15, 2020, domestic raw steel production was 1,377,000 net tons while the capability utilization rate was 61.5 percent.

The 2010 ferrosilicon contract price on ZCE closed at 5824 yuan per ton on August 21.

The 2010 ferrosilicon contract price on ZCE closed at 5768 yuan per ton on August 20.

Japan's steel export volume was 2.429 million tons in June, down 16.7% year-on-year and 3.1% month on month.

The 2010 ferrosilicon contract price on ZCE closed at 5788 yuan per ton on August 19.

In July 2020, China's crude steel production was 93.359 million tons.

China's producer prices continued to fall in July but the decline has kept narrowing as economic activities recovered amid effective epidemic control in the country, official data showed Monday.