The 2009 ferrosilicon contract price on ZCE closed at 5808 yuan per ton on July 3.

Analysts said the country should ramp up its efforts to revitalize domestic demand to sustain the improvement in industrial earnings amid mounting uncertainties.

Key finished steel products with a significant increase in imports in May compared to April are oil country goods (up 71%).

The 2009 ferrosilicon contract price on ZCE closed at 5862 yuan per ton on July 2.

China's steel sector purchasing managers' index (PMI) decreased by 1.6 points from May to 49.3 in June.

The 2009 ferrosilicon contract price on ZCE closed at 5944 yuan per ton on July 1.

The 2009 ferrosilicon contract price on ZCE closed at 5944 yuan per ton on June 29.

The profit growth of Chinese industrial firms was positive for the first time this year as economic order further normalized from the COVID-19 epidemic in May, the National Bureau of Statistics said on Sunday.