The problem is that there are more than 13m tons of HRC capacity coming online or planned to come online in the next three years.

Most of the capital goods in China posted lower prices in late October compared with mid-October, official data showed Friday.

Vietnam spent nearly 10.3 billion U.S. dollars importing roughly 9.8 million tons of steel and iron in the first 10 months of this year.

The 2211 ferrosilicon contract price on ZCE closed at 8370 yuan per ton on November 8.

The 2211 ferrosilicon contract price on ZCE closed at 8378 yuan per ton on November 7.

The Ferrosilicon Futures rose straightly this week.

The 2211 ferrosilicon contract price on ZCE closed at 8438 yuan per ton on November 4.

China's raw coal output posted stable expansion in September, official data showed.