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The 2205 ferrosilicon contract price on ZCE closed at 8876 yuan per ton on June 15.

The 2205 ferrosilicon contract price on ZCE closed at 9120 yuan per ton on June 14.

Finished Import Market Share Estimated at 24 Percent in May.

The American Iron and Steel Institute (AISI) reported that for the month of April 2022, U.S. steel mills shipped 7,629,985 net tons.

US domestic raw steel production was 1,784,000 net tons while the capability utilization rate was 81.7 percent.

China imported 92.517 million tons of iron ore, a month on month decrease of 1.227 million tons, a decrease of 1.4%.

Iron ore imports rose month on month, port inventories continued to fall, and iron ore prices continued to fall.

Coal is Mongolia's main export commodity.