MoIT sustains anti-dumping duty on Malaysia’s H-shaped steel

The spread is over four times as wide as the $326/st from a year ago.

Chinese magnesium metal prices have rebounded following a fall earlier this week as producers raised their offer prices in response to tighter spot availability.

China's August output reached 233,300t, up by 7.56pc from July, according to data from the China Nonferrous Metals Industry Association.

Demand usually picks up during the Indian festivals of Dussehra and Diwali, which is celebrated in October and November, respectively.

The 2201 silicomanganese contract price on ZCE closed at 9980 yuan per ton on September 16.

Steelmakers are concerned that the European Commission might suspend duties on some steel products.

The 2201 ferrosilicon contract price on ZCE closed at 12004 yuan per ton on September 16.