China's major steel companies saw their profitability down in the first eight months, the latest data showed.

China logged a record daily output of crude steel in August as the country's economic recovery consolidates, industry data showed.

Ferrosilicon 75B tender volumes & price of Sangang Group in Jan-Oct, 2020.

Japan's import of ferrosilicon (silicon content > 55%) was 12277.901 tons, down 42.51% month on month and 65.4% year-on-year.

A reading above 50 indicates expansion, while a reading below reflects contraction.

Some 90 tonnes were produced in the third quarter, taking the nine-month tally to 188 tonnes

The rise in steel output was mostly due to increased demand, thanks to China's strong economic recovery.

Cross-regional and cross-provincial power transmission hit a record high this summer as the country's economy further recovers.