The 2101 ferrosilicon contract price on ZCE closed at 5912 yuan per ton on November 5.

China's benchmark power coal price rose slightly during the past week.

The UK steel industry can expect a less severe outcome from the second lockdown planned for England from Nov. 5.

Italian power consumption has recovered slightly better than expected in the second half of this year, but the recent rise in Covid-19 cases could put an end to this trend.

China's steel sector registered output expansion in September as the country's economic recovery maintains momentum, industrial data showed.

The 2101 ferrosilicon contract price on ZCE closed at 5958 yuan per ton on November 4.

The 2101 ferrosilicon contract price on ZCE closed at 5878 yuan per ton on November 3.

"The government of Ethiopia encourages companies like CISDI Group, considering the potential of the construction sector in advancing the country's economy," Tariku added.