Uncertainty about European ferro-alloy supply is causing market participants to lock in higher volumes under long-term contracts.

The 2201 ferrosilicon contract price on ZCE closed at 8144 yuan per ton on November 18.

The 2201 silicomanganese contract price on ZCE closed at 8048 yuan per ton on November 17.

In October, China's crude steel output was 71.58 million tons, a year-on-year decrease of 23.3%.

The 2201 ferrosilicon contract price on ZCE closed at 8568 yuan per ton on November 17.

The 2201 ferrosilicon contract price on ZCE closed at 8630 yuan per ton on November 16.

The 2201 silicomanganese contract price on ZCE closed at 8120 yuan per ton on November 16.

US hot-rolled coil (HRC) prices dropped this week on lower sales and offers, amid continued limited spot market activity.