In October, the tender price of ferrosilicon of HBIS Group rose 650 CNY/T month on month to 8850 CNY/T, which greatly improved the market confidence.

An industry index shows the country's courier market bounced back from its previous lows to become brisk in September, a usually buoyant month.

Global Nickel Supply Shifts Into Surplus

HBIS Group ferrosilicon 72# tender price and volume in October.

Iron-ore futures slumped on Wednesday, with the Dalian benchmark contract hitting its lowest in two weeks, as intensified Covid-19 curbs in China and signals that its draconian zero-case approach will continue weighed on sentiment.

South Africa’s busiest port Durban hobbled by strike

Hoa Phat Group produced over 6 million tonnes of crude steel in the first nine months of the year, matching its output from last year.

The deal also enhances cooperation with the UK in accelerating the decarbonisation process of the iron and steel industry as Vietnam was striving to achieve net zero by 2050.