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.

In China, an enterprise with annual revenue of more than 20 million yuan ($2.99 million) is deemed relatively large.

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.

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

Australia¡¯s minerals exports are set to reach unseen heights for a second year, as a global crunch lifts the value of the nation¡¯s coal and natural gas.

Erected on seawater, an array of photovoltaic panels glow in the sun while fishermen paddle between them.