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On a month-on-month basis, output was down 3.7%, while sales rose 3.5%.

Rio Tinto is seeking a new head of iron ore after it announced on Sept. 11 that Chris Salisbury will stand down at the end of this year.

China's domestic steel margins have slumped since the start of September due to high iron ore prices and a "correction" in finished steel prices, S&P Global Platts data shows.

The 2010 ferrosilicon contract price on ZCE closed at 5614 yuan per ton on September 18.

This week, the ferrosilicon market continued to maintain stable operation.

Only 18% of respondents expected their iron ore requirements to increase in Q4.

Strong demand from the property sector was lending some support to long steel, aluminum and copper markets in September, market sources said.

The 2010 ferrosilicon contract price on ZCE closed at 5644 yuan per ton on September 17.