Electrolytic nickel market weekly comment(August 31st-September 4th) LME nickel price was not steady in general , so was the electrolytic nickel price

LME nickel price trend on September 3rd

For the period from April to June, Baosteel earned 2.47 billion yuan, a jump of 60.6% from the first quarter, but still well below net profit of 3.46 billion yuan in the year-earlier period.

In the first week of September, the ferrosilicon market continued stable. The tender volumes, together with the rising tender price, boosted the confidence of the industry.

The 2010 ferrosilicon contract price on ZCE closed at 5686 yuan per ton on September 4.

The 2010 ferrosilicon contract price on ZCE closed at 5738 yuan per ton on September 3.

Nickel price trend on September 3rd

LME nickel price trend on September 2nd