On a monthly basis, China's PPI remained flat last month compared with the 0.1-percent rise in May.

Company's locomotive components now meet strictest quality standards in the world, granting it access to every market.

This week, the domestic ferrosilicon market continued to be weak, the Futures was consolidated in a narrow range.

Aussie firm plans RM1bil plant in Sarawak

The 2209 ferrosilicon contract price on ZCE closed at 8014 yuan per ton on July 8.

Ferro-silicon prices have lately consolidated at €2,450-2,600/t ddp, down by 38pc since early May.

European high-carbon ferro-manganese prices were assessed down at €1,250-1,425/t ddp on 5 July, while silico-manganese sat at a marginal discount of €1,250-1,400/t ddp.

Prices across Europe's ferro-chrome suite extended their losses on 5 July, as offers for imported alloy put additional downside pressure on the depreciating market.