India had posted a 14 per cent decline in steel output at 8.65 MT in March as compared with 10.04 MT in March 2019.

Nickel price trend on June 8th

LME nickel price trend on June 5th

The 2009 ferrosilicon contract price on ZCE closed at 5804 yuan per ton on June 8.

In the week ending on May 30, 2020, domestic raw steel production was 1,206,000 net tons while the capability utilization rate was 53.8 percent.

The 2009 ferrosilicon contract price on ZCE closed at 5842 yuan per ton on June 5.

At present, ferrosilicon market is still in short supply, and manufacturers have no inventory pressure for the time being.

Nickel ore market weekly comment(June 1st-June 5th): The prices of Laterite-Nickel ore was stable this week