The 2201 ferrosilicon contract price on ZCE closed at 8144 yuan per ton on November 18.

In October, China's crude steel output was 71.58 million tons, a year-on-year decrease of 23.3%.

The 2201 ferrosilicon contract price on ZCE closed at 8568 yuan per ton on November 17.

The 2201 silicomanganese contract price on ZCE closed at 8048 yuan per ton on November 17.

The 2201 ferrosilicon contract price on ZCE closed at 8630 yuan per ton on November 16.

The 2201 silicomanganese contract price on ZCE closed at 8120 yuan per ton on November 16.

Demand also remains strong in Europe, with end user first-quarter tenders for over 3,000t and suppliers struggling to respond.

US hot-rolled coil (HRC) prices dropped this week on lower sales and offers, amid continued limited spot market activity.