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The 2009 ferrosilicon contract price on ZCE closed at 5746 yuan per ton on May 28.

LME nickel price trend on May 27th

Nickel price trend on May 28th

Japan ferrosilicon (≤55%) exports in Jan-Apr down 43.63%.

In Jan-Apr, 2020, Japan imported 133461.152 tons of ferrosilicon (>55%), a decrease of 13.01% year on year.

LME nickel price trend on May 26th

Nickel price trend on May 27th

The last time output fell to a similar level was in June 2009, when the output was 2.60 million tonnes, WV Stahl added.