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"As Bratsk Ferroalloy Plant launched its upgraded ore thermal furnace #3, the plant increased output and sales of ferrosilicon (+46% quarter-on-quarter)."

World crude steel production for the 64 countries was 152.7 million tonnes (Mt) in July 2020.

The 2010 ferrosilicon contract price on ZCE closed at 5772 yuan per ton on August 24.

Nickel price trend on August 24th

LME nickel price trend on August 21st

Nickel ore market weekly comment(August 17th-August 21st): The prices of Laterite-Nickel ore rose up in this week

Ferronickel market weekly comment(August 17th-August 21st) The price of high grade ferronickel price went up in this week

Electrolytic nickel market weekly comment(August 17th-August 21st) LME nickel price went up in general , so was the electrolytic nickel price