In October, the tender price of ferrosilicon of HBIS Group rose 650 CNY/T month on month to 8850 CNY/T, which greatly improved the market confidence.

The 2211 ferrosilicon contract price on ZCE closed at 8442 yuan per ton on October 14.

Most of the capital goods monitored by the Chinese government posted lower prices in late September compared with mid-September this year, official data showed Sunday.

An industry index shows the country's courier market bounced back from its previous lows to become brisk in September, a usually buoyant month.

That many other parts of China have also witnessed such remarkable improvement in air quality over the past decade shows China's sustained efforts to transition its energy structure to clean energy and pursue higher-quality growth have been bearing fruit.

Global Nickel Supply Shifts Into Surplus

HBIS Group ferrosilicon 72# tender price and volume in October.

Iron-ore futures slumped on Wednesday, with the Dalian benchmark contract hitting its lowest in two weeks, as intensified Covid-19 curbs in China and signals that its draconian zero-case approach will continue weighed on sentiment.