The year-on-year increases in August were attributed mainly to a rise in commercial vehicle demand in the month, market sources said.

The US Department of Commerce adopted a final rule Sept. 11 to modernize the Steel Import Monitoring and Analysis (SIMA) system, it said in a statement.

The 2010 ferrosilicon contract price on ZCE closed at 5592 yuan per ton on September 21.

China's investment in property rose 11.8% year on year to Yuan 1.31 trillion ($193.8 billion) in August.

China's domestic steel margins have slumped since the start of September due to high iron ore prices and a "correction" in finished steel prices, S&P Global Platts data shows.

The 2010 ferrosilicon contract price on ZCE closed at 5614 yuan per ton on September 18.

This week, the ferrosilicon market continued to maintain stable operation.

The settlements for BF-grade pellet premiums are nearly flat with the previous quarter and lower by around $3/dmt for DR-grade pellets.