A source had already confirmed that a deal was in the works earlier on Monday, amid press reports that Jingye would pay 70 million.

Liuzhou Iron and Steel released Ferrosilicon 72# tender notice of November.

Hebei Xinda Iron & Steel Group released Ferrosilicon 72# tender notice of November.

The outlook is based on seasonality, the gradual and safe return of operations.

Henan Jiyuan Iron & Steel released Ferrosilicon 72# tender notice of November.

Steel product consumption in Turkey declined 25.8% to 18.9 million tonnes in the first nine months of the year.

Operating income of $0.3bn in 3Q 2019 as compared to an operating loss of $0.2bn in 2Q 2019.

Experts commended the range of performance-based production restrictions in the plan.