LME nickel price trend on August 20th

This week, the ferrosilicon spot market kept stable, and the inventory of manufacturers was low.

The 2010 ferrosilicon contract price on ZCE closed at 5824 yuan per ton on August 21.

In the week ending on August 15, 2020, domestic raw steel production was 1,377,000 net tons while the capability utilization rate was 61.5 percent.

The 2010 ferrosilicon contract price on ZCE closed at 5768 yuan per ton on August 20.

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