From the last week of April to the first week of July, U.S. ferrosilicon prices fell 23%, to the biggest drop since 2008.

The 2009 ferrosilicon contract price on ZCE closed at 5562 yuan per ton on July 27.

The 2009 ferrosilicon contract price on ZCE closed at 5550 yuan per ton on July 24.

China's Tianjin port saw iron ore imports rise 13.6 percent year-on-year to around 37.86 million tons in the first half of this year, according to Tianjin Customs.

This week, the operating rate of ferrosilicon enterprises and output have not changed much.

The 2009 ferrosilicon contract price on ZCE closed at 5628 yuan per ton on July 23.

Trade unions in the UK suggest they will not allow the end of blast furnace steel production.

The 2009 ferrosilicon contract price on ZCE closed at 5566 yuan per ton on July 22.