However, the downstream side was still in the off-season, with low willingness to compromise and there was a strong sense of game between the two sides.

The 2310 ferrosilicon contract price on ZCE closed at 6842 yuan per ton on August 17.

The 2310 ferrosilicon contract price on ZCE closed at 6822 yuan per ton on August 16.

China produced 536 million tonnes of crude steel in the first six months of this year, up by 1.3% from a year earlier.

The 2310 ferrosilicon contract price on ZCE closed at 6890 yuan per ton on August 15.

The 2310 ferrosilicon contract price on ZCE closed at 6932 yuan per ton on August 14.

With the setting of the steel tender in August, the downstream inquiry has become significantly active, market sentiment has been boosted, and the mentality of price-increasing was relatively strong.

The 2310 ferrosilicon contract price on ZCE closed at 7072 yuan per ton on August 10.