China Taiyuan coal transaction price index stood at 127.74 points Monday, down 0.16 percent week on week.

"The government of Ethiopia encourages companies like CISDI Group, considering the potential of the construction sector in advancing the country's economy," Tariku added.

India’s top steelmakers complained their production for the quarter ended September was affected due to a shortage in availability of iron ore and several steel industry bodies have petitioned the commerce ministry to address the issue.

China exported 209319.675 tons of ferrosilicon (silicon content > 55%), a year-on-year decrease of 27.61%.

China's export of ferrosilicon (silicon content > 55%) was 17546.036 tons, an increase of 24.8% month on month and a decrease of 21.68% year-on-year.

The 2101 ferrosilicon contract price on ZCE closed at 5792 yuan per ton on October 28.

From January to September 2020, China exported 13771.185 tons of ferrosilicon (silicon content ≤ 55%), a year-on-year decrease of 42.42%.

In September 2020, China's export of ferrosilicon (silicon content ≤ 55%) was 1303.5 tons.