The 2009 ferrosilicon contract price on ZCE closed at 5546 yuan per ton on July 31.

The fresh Covid-19 restrictions in several Indian states are set to weigh further on India's electricity demand.

The fresh Covid-19 restrictions in several Indian states are set to weigh further on India's electricity demand.

The 2009 ferrosilicon contract price on ZCE closed at 5582 yuan per ton on July 30.

The domestic US HRC assessment fell by $8.50/short ton (st) to $455/st. Lead times were flat at 2-3 weeks.

The 2009 ferrosilicon contract price on ZCE closed at 5560 yuan per ton on July 29.

In June, China exported 4963.06 tons of ferrosilicon (>55%) to Japan, which accounts for 25.2% and 4493.84 to Korea, which accounts for 22.82%.

The Argus iron ore fines 62pc Fe ICX cfr Qingdao was last assessed at $108.50/dry metric tonnes (dmt), which was up from $91.15/dmt on 1 January.