The Argus iron ore fines 62pc Fe ICX cfr Qingdao was last assessed at $108.50/dry metric tonnes (dmt), which was up from $91.15/dmt on 1 January.

China exported 19694.647 tons of ferrosilicon (>55%) in June 2020, down 29.11% vs. last month and down 24.95% year on year.

U.S. imported a total of 1,391,000 net tons (NT) of steel in June 2020.

Nickel price trend on July 27th

LME nickel price trend on July 24th

The 2009 ferrosilicon contract price on ZCE closed at 5562 yuan per ton on July 27.

From the last week of April to the first week of July, U.S. ferrosilicon prices fell 23%, to the biggest drop since 2008.

Nickel ore market weekly comment(July 20th-July 24th): The prices of Laterite-Nickel ore rose up in this week