Nickel price trend on May 25th

The 2009 ferrosilicon contract price on ZCE closed at 5898 yuan per ton on May 25.

The city of Nantong in East China's Jiangsu province is making strides in improving its infrastructure and progress in high-quality development, according to the local government.

Since February, 2020, the domestic ferrosilicon market has been like on a roller coaster.

The 2009 ferrosilicon contract price on ZCE closed at 5880 yuan per ton on May 22.

This week, the operation of ferrosilicon market is relatively strong.

In the week ending on May 16, 2020, domestic raw steel production was 1,181,000 net tons while the capability utilization rate was 52.7 percent.

Kyodo news agency reported that Japan Iron and Steel Union released on 19th that the crude steel output of Japan in 2019 was 98.428 million tons.