The 2010 ferrosilicon contract price on ZCE closed at 5696 yuan per ton on September 28.

The 2010 ferrosilicon contract price on ZCE closed at 5608 yuan per ton on September 22.

U.S. steel mills shipped 6,035,596 net tons, a 0.2 percent increase from the 6,023,524 net tons shipped in the previous month.

The year-on-year increases in August were attributed mainly to a rise in commercial vehicle demand in the month, market sources said.

The US Department of Commerce adopted a final rule Sept. 11 to modernize the Steel Import Monitoring and Analysis (SIMA) system, it said in a statement.

The 2010 ferrosilicon contract price on ZCE closed at 5592 yuan per ton on September 21.

China's investment in property rose 11.8% year on year to Yuan 1.31 trillion ($193.8 billion) in August.

China's domestic steel margins have slumped since the start of September due to high iron ore prices and a "correction" in finished steel prices, S&P Global Platts data shows.