The US shipped 139,162t to China in August, 88.8pc lower than a year earlier and 51.8pc lower than July.

China exports 19839.577 tons of ferrosilicon (Si≤55%) from January to September 2022.

China exports 43248.486 tons of ferrosilicon (Si>55%) in September 2022.

The 2211 ferrosilicon contract price on ZCE closed at 7998 yuan per ton on October 24.

Japan and the US remained Vietnam's top two suppliers and accounted for 58pc of total imports in September.

Steel shipments from US mills fell in August as the market continued to deal with declining prices.

The 2211 ferrosilicon contract price on ZCE closed at 8294 yuan per ton on October 21.

However, the tender price was lower in the later stage, and the volume was reduced.