Manufacturers were reluctant to sell and traders were in a strong wait-and-see mood.

Australian premium hard coking coal prices on a fob basis rose to $313.35/t on 10 September amid tight supply availability.

A Baltic supplier sold HMS 1/2 80:20 at $445/t and bonus at $460/t cfr Iskenderun for October shipment yesterday evening.

The 2201 ferrosilicon contract price on ZCE closed at 12190 yuan per ton on September 17.

The 2201 silicomanganese contract price on ZCE closed at 9990 yuan per ton on September 17.

The tone of steel bidding in September was established last Friday with the bidding price of HBIS Group at 10700 yuan per ton.

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

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