Nickel price trend on September 2nd

LME nickel price trend on September 1st

China imported a record 112.65 million metric tons of iron ore in July, up 24 percent on a yearly basis, said CNBC.

China Taiyuan coal transaction price index stood at 124.46 points Monday, down 0.08 percent week on week.

HBIS Group released ferrosilicon 75B tender volume in September.

NLMK Lipetsk (Novolipetsk Steel,NLMK) has embarked on a project to construct a new continuous hot dip galvanizing line HDGL-5 with a capacity of 450,000 tonnes of steel per year.

steel is set to play a vital role in the chassis, engines and charging stations that will power the cars of the future.

The 2010 ferrosilicon contract price on ZCE closed at 5840 yuan per ton on September 2.