Ferroglobe had not confirmed the closure to Argus at the time of writing and was not immediately available for comment.

The 2201 ferrosilicon contract price on ZCE closed at 12190 yuan per ton on September 17.

The 2201 silicomanganese contract price on ZCE closed at 9990 yuan per ton on September 17.

MoIT sustains anti-dumping duty on Malaysia’s H-shaped steel

Chinese magnesium metal prices have rebounded following a fall earlier this week as producers raised their offer prices in response to tighter spot availability.

Steelmakers are concerned that the European Commission might suspend duties on some steel products.

The spread is over four times as wide as the $326/st from a year ago.

The 2201 silicomanganese contract price on ZCE closed at 9980 yuan per ton on September 16.