Nickel price trend on April 28th

China exports 44420.455 tons of ferrosilicon (>55%) in March.

Ferrosilicon exports (≤55%) of China down by 36.47% YoY in Q1.

China exported 2452.35 tons of ferrosilicon (≤55%), down by 37.16% YoY.

China exports 75810.955 tons of ferrosilicon (>55%) in Q1, 2020.

In the week ending on April 25, 2020, domestic raw steel production was 1,250,000 net tons while the capability utilization rate was 55.8 percent.

From January to March, imports of Beijing reached 502.98 billion yuan, down 8.4 percent year-on-year, while exports increased by 4.4 percent to 122.44 billion yuan.

American Iron and Steel Institute (AISI) reported that the U.S. imported a total of 1,750,000 net tons (NT) of steel in March 2020.