The current week production represents a 2.9 percent decrease from the same period in the previous year.

The most active construction steel rebar contract for January delivery was up 59 yuan (about 8.34 U.S. dollars) to open at 3,561 yuan a tonne.

Top 20 positions increased and decreased varied, the purchase volume is less than the holding position.

Secondary steel producers are cutting back on output to cope with a demand slump at home.

The top 20 positions increased and decreased varied, the purchase volume is more than the holding position.

Tender notices of steel mills were released one after another and most of the prices saw a down.

Ferrosilicon Price in Europe on August 29

The export price for Chinese ferro-silicon has reached a 27-month low amid persistent weak demand.