The 2101 ferrosilicon contract price on ZCE closed at 5774 yuan per ton on October 30.

In October, the ferrosilicon market continued to run strongly.

Nickel ore market weekly comment(October 26th-October 30th): The prices of Laterite-Nickel ore rose up in this week

Ferronickel market weekly comment(October 26th-October 30th) The price of high grade ferronickel price went up in this week

Electrolytic nickel market weekly comment(October 26th-October 30th) LME nickel price went down in general, the electrolytic nickel price was not steady

LME nickel price trend on October 29th

India’s top steelmakers complained their production for the quarter ended September was affected due to a shortage in availability of iron ore and several steel industry bodies have petitioned the commerce ministry to address the issue.

U.S. imported a total of 1,255,000 net tons (NT) of steel in September 2020.