China's iron ore imports remained firm in September, marking the third-highest volumes so far this year, although it fell from the near three-year high in August.

The 2312 ferrosilicon contract price on ZCE closed at 7050 yuan per ton on October 16.

Downstream support was insufficient, and the speed of ferrosilicon shipment has slowed down, leading to a growing cautious wait-and-see sentiment.

The 2311 ferrosilicon contract price on ZCE closed at 7166 yuan per ton on October 12.

The 2311 ferrosilicon contract price on ZCE closed at 7340 yuan per ton on October 9.

Global nickel production will outpace demand to the tune of 239,000 metric tons next year, according to the International Nickel Study Group (INSG).

The spot price of ferrosilicon was supported by the rising cost of raw materials, and the tender price was higher than market expectations, further driving up positive sentiment.

The 2311 ferrosilicon contract price on ZCE closed at 7528 yuan per ton on September 27.