European ferrosilicon trading has been quiet although there are signs that the market may be establishing a price floor after months of steady price losses.

The concentrate and pellet segments of the seaborne iron ore market continued to experience lackluster trading last week.

Demand for flat steel in Turkey was only moderate in July because of the seasonal summer slowdown.

The Chinese silicon export market continued to remain stable week on week for the third consecutive week.

Fastmarkets’ index for iron ore 62% Fe fines, cfr Qingdao: $100.56 per tonne, down $7.17 per tonne.

European trading has been quiet although there are signs that the market may be establishing a price floor after months of steady price losses.

European trading has been quiet although there are signs that the market may be establishing a price floor after months of steady price losses.

A total of 2.105 million tonnes of the contract were traded, compared with 954,000 tonnes in June.