WEEKLY: China FeSi prices rise slightly, output climbs further

China's ferrosilicon (FeSi) prices recovered slightly after the National Day holiday ended on October 7, with the spot price of 75% FeSi under Mysteel's assessment standing at Yuan 5,811/tonne ($868/t) including the 13% VAT on October 12, up by Yuan 18/t from September 30, the last working day before the long break.

The slight rise was mainly driven by relatively firm prices in the futures market. On October 12, the most-traded FeSi contract on the Zhengzhou Commodity Exchange for November delivery closed the daytime trading session at Yuan 6,016/t, higher by Yuan 34/t from the settlement price on September 30, according to