Spot prices for flat-rolled steel in the US continued to fall as demand remained weak after the 4 July holiday weekend, and many waited for the ferrous scrap market to begin trading.

Latest Ferrosilicon Standard GB / T 2272-2020 will be implemented on September 1, 2020.

The 2009 ferrosilicon contract price on ZCE closed at 5712 yuan per ton on July 10.

This week, the ferrosilicon market continued running stably, with little price change.

The 2009 ferrosilicon contract price on ZCE closed at 5772 yuan per ton on July 9.

China's major steel companies saw their profitability improve in May as demand picked up, the latest data showed.

The 2009 ferrosilicon contract price on ZCE closed at 5812 yuan per ton on July 8.

China's factory activity expanded at a faster pace in June, beating expectations, Reuters reported Tuesday.