Renewable energy use, low season, curbs on inflows, green drive factors.

China's raw coal output posted stable expansion in March, official data showed.

All these factors will support a surge in steel consumption in the third and fourth quarters of this year, the VSA added.

In April, the domestic ferrosilicon market continued its weak trend, with Futures fluctuating and falling below a new low for the year.

A Weekly Review of Manganese Alloy Market （4.23-4.28）

The 2306 ferrosilicon contract price on ZCE closed at 7310 yuan per ton on April 27.

The 2306 ferrosilicon contract price on ZCE closed at 7362 yuan per ton on April 26.

Nickel demand to increase to 3.13 million tons in 2023, supply to increase to 3.37 million tons.