Chinese manufacturing activity strengthened in June but the leading indices provided further evidence that the country's steel market recovery will be largely domestically-driven.

The 2009 ferrosilicon contract price on ZCE closed at 5886 yuan per ton on July 7.

Nickel price trend on July 6th

LME nickel price trend on July 3rd

CISA: output and inventory of steel mills in late June.

The 2009 ferrosilicon contract price on ZCE closed at 5910 yuan per ton on July 6.

Iron ore prices are expected to soften from current high levels in the July-September quarter.

In June, the ferrosilicon market continued to rise steadily.