The tone of steel bidding in September was established last Friday with the bidding price of HBIS Group at 10700 yuan per ton.

Chinese magnesium metal prices have rebounded following a fall earlier this week as producers raised their offer prices in response to tighter spot availability.

China's August output reached 233,300t, up by 7.56pc from July, according to data from the China Nonferrous Metals Industry Association.

The consumer price index, a main gauge of inflation, grew by 0.8 percent year-on-year last month, down from 1 percent in July, the bureau said.

From January to July, Liaoning's foreign trade of goods reached 439.01 billion yuan ($67.74 billion), up 13.6 percent year-on-year, according to Shenyang Customs.

China Aug iron ore imports rise for first time in five months

The Sub-Commission on Customs and Tariff Regulation proposed to reduce duties on ferroalloys

Vnipipromtechnologies JSC has developed a test program for conducting open-pit mining operations at chrome ore deposits in the Yamal-Nenets Autonomous District