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The 2101 ferrosilicon contract price on ZCE closed at 5946 yuan per ton on October 21.

Nickel price trend on October 21st

LME nickel price trend on October 20th

As the market enters the final few months of 2020, US flat-rolled steel mills sit in a much better position than they were just two months ago.

Nickel price trend on October 20th

LME nickel price trend on October 19th

China's economy expanded by almost 5pc in the third quarter, continuing the country's recovery from its Covid-19 outbreak earlier this year.

The 2101 ferrosilicon contract price on ZCE closed at 5918 yuan per ton on October 20.