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

The Australian and Singaporean governments have signed a green trade agreement to support trade, investment and climate change objectives.

China exports 2174.5 tons of ferrosilicon (Si≤55%) in September 2022.

The Argus weekly domestic US ex-works plate assessment was flat at $1,620/st.

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

Australian resources firm BHP has kept its iron ore production guidance for the 2022-23 fiscal year to 30 June unchanged with sustained output.

JISPL's production plunged by 77pc on the year to 30,000t during July to September.

Volumes on the CME Group's north European hot-rolled coil (HRC) contract have already doubled compared to 2021.