Russian metals giant Nornickel, the world’s largest palladium producer and a major producer of high-grade nickel, cut nickel production by 10% year on year in the first quarter to 42,000 metric tons, the company said on Monday.

The total trading volume of 2406 contract on the exchange was 148138 lots, with a turnover of about 4993.8428 million yuan.

In the fiscal year 2023-24, domestic consumption of finished steel saw a significant growth of 13%, reaching 136 million tonnes.

South 32 Quarterly Report March 2024

China exports 37282.59 tons of ferrosilicon (Si>55%) in March 2024.

China exports 2220.6 tons of ferrosilicon (Si≤55%) in March 2024.

China exports 5540.3 tons of ferrosilicon (Si≤55%) from January to March 2024.

China exports 111901.879 tons of ferrosilicon (Si>55%) from January to March 2024.