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

LME nickel price trend on October 22nd

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

Nickel price trend on October 22nd

LME nickel price trend on October 21st

The country is also expected to remain the world's largest primary energy consumer despite slowing demand growth.

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