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US hot-rolled coil (HRC) prices dropped this week on lower sales and offers, amid continued limited spot market activity.

And it’s expected for the market to continue to be under pressure in the short term.

The 2201 silicomanganese contract price on ZCE closed at 8652 yuan per ton on November 12.

The 2201 ferrosilicon contract price on ZCE closed at 9052 yuan per ton on November 12.

The 2201 silicomanganese contract price on ZCE closed at 8780 yuan per ton on November 11.

The 2201 ferrosilicon contract price on ZCE closed at 9450 yuan per ton on November 11.

The 2201 silicomanganese contract price on ZCE closed at 8588 yuan per ton on November 10.

The 2201 ferrosilicon contract price on ZCE closed at 9010 yuan per ton on November 10.