Most large and medium-sized manufacturers do not quote for the time being because they are "out of stock".

Siliconmanganese prices have risen this week

Siliconmanganese prices have risen this week

Tungsten gains slowed

Molybdenum prices up slightly

Vanadium prices rise sharply

Higher raw materials price and bidding price, tight spot and strong futures market, the ferrosilicon spot market remain strong this week.

World steel consumption is likely to decline by 2.2pc in 2020, the OCE said.