China's economy expanded by almost 5pc in the third quarter, continuing the country's recovery from its Covid-19 outbreak earlier this year.

Opening price of ferrosilicon futures 2101 contract of this week was 5,840.

The 2101 ferrosilicon contract price on ZCE closed at 5968 yuan per ton on October 16.

Ferrosilicon tender notice of October, 2020 (10/14/2020).

In the week ending on October 10, 2020, US domestic raw steel production was 1,502,000 net tons.

China logged a record daily output of crude steel in August as the country's economic recovery consolidates, industry data showed.

China's imports of major commodities including crude oil, iron ore and soybean climbed in the first eight months of the year.

The 2101 ferrosilicon contract price on ZCE closed at 5936 yuan per ton on October 13.