According to the sources, both plants are in the U.S. state of Indiana and jointly operated with ArcelorMittal S.A.

The 2101 ferrosilicon contract price on ZCE closed at 5940 yuan per ton on October 19.

Opening price of ferrosilicon futures 2101 contract of this week was 5,840.

China's foreign trade will maintain stable growth in the fourth quarter as its manufacturing sector is capable of scaling up production within a short period to supply necessary goods amid the global pandemic.

The 2101 ferrosilicon contract price on ZCE closed at 5968 yuan per ton on October 16.

The 2101 ferrosilicon contract price on ZCE closed at 5916 yuan per ton on October 15.

Steel inventories at member mills of the China Iron & Steel Association (CISA) and in the spot market both increased in early October.

The 2101 ferrosilicon contract price on ZCE closed at 5912 yuan per ton on October 14.