The 2311 ferrosilicon contract price on ZCE closed at 7330 yuan per ton on September 6.

The company has started the production of final product, hot-rolled coils, from the Nagarnar plant in Chhattisgarh.

Normalized plate pricing also fell by $40/st to $1,730/st.

The 2311 ferrosilicon contract price on ZCE closed at 7284 yuan per ton on September 5.

The company reported total iron ore sales of 3.54 million mt during the month, up 25 percent year on year.

Turkey-based Kaptan Demir Çelik (Kaptan lron & Steel), part of Kaptan Group, has started wire rod production at its new mill supplied by UK-based plantmaker Primetals Technologies.

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The 2310 ferrosilicon contract price on ZCE closed at 7328 yuan per ton on September 4.