Ferroglobe's combined silicon and manganese alloys shipments in 2019 slid 15% year on year to 926,077 mt as the company continued to face pricing and volume pressures in the fourth quarter, its CEO Marco Levi said.

Nickel price trend on June 2nd

LME nickel price on June 1st

The 2009 ferrosilicon contract price on ZCE closed at 5818 yuan per ton on June 2.

The overall HRC quota volume is not radically reduced by the move, but some integral exporters – including Turkey – will take a hit.

LME nickel price trend on May 29th

Nickel price trend on June 1st

The 2009 ferrosilicon contract price on ZCE closed at 5780 yuan per ton on June 1.