The inventories at 37 sampled mills also decreased by 15,200 tonnes on week to around 1 million tonnes as of November 25, according to the survey.

The 2101 ferrosilicon contract price on ZCE closed at 6196 yuan per ton on December 1.

Nickel price trend on December 1st

LME nickel price trend on November 30th

Iin October, 2020, there were 1732.14 tons of ferrosilicon (≤55%) exported from China.

Japanese steel manufacturer JFE Steel has secured funds to invest in Chinese speciality steel bar company Baosteel Special Steel Shaoguan (BSSS).

The 2101 ferrosilicon contract price on ZCE closed at 6160 yuan per ton on November 30.

Nickel price trend on November 30th