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Global iron ore production growth will accelerate in the coming years.

This week, the domestic ferrosilicon market continued to be weak, the Futures was consolidated in a narrow range.

The figure represents a fall of 7.7 percent in volume but an increase of 21.8 percent in value year on year, according to the association's statistics.

On a monthly basis, China's PPI remained flat last month compared with the 0.1-percent rise in May.

The 2209 ferrosilicon contract price on ZCE closed at 7944 yuan per ton on July 11.