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The first export consignment is scheduled to leave the Chattogram port, some 242 km southeast of the capital Dhaka, on Nov. 21, the company said in a statement.

The 2101 ferrosilicon contract price on ZCE closed at 6184 yuan per ton on November 19.

This week, the ferrosilicon market is still running stably, higher cost and tight spot and the downstream demand side is also strong, the confidence of ferrosilicon manufacturers is good.

American Iron and Steel Institute (AISI) reported that steel import permit applications for the month of October totaled 1,643,000 net tons (NT)*.

"Stable, green and sustainable raw material supplies is an important pillar for Chinese steel industry to improve competitiveness."

OM Holding Limited released its September 2020 Quarterly Production and Market Update recently.

The 2101 ferrosilicon contract price on ZCE closed at 5998 yuan per ton on November 19.

The 2101 ferrosilicon contract price on ZCE closed at 5890 yuan per ton on November 18.