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

Currently, the prices of imported manganese ore is also on a downside and silico manganese producers are not being able to increase the offer prices.

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

Worldsteel has reviewed its Short Range Outlook (SRO) for 2020 and 2021 to show a much smaller demand decline than previously expected.

The 2101 ferrosilicon contract price on ZCE closed at 5946 yuan per ton on October 21.

As the market enters the final few months of 2020, US flat-rolled steel mills sit in a much better position than they were just two months ago.

[Ferro-Alloys.com] In September, Ukraine imported 58.04 thousand tons of manganese ore valued at $8.8 million, down by 7.7% and by 10.5% YoY respectively.

China's economy expanded by almost 5pc in the third quarter, continuing the country's recovery from its Covid-19 outbreak earlier this year.