No current risk of closures – Brazil mining association

LME nickel price trend on July 9th

Ferrosilicon tender notice of July, 2020 (07/10/2020).

The 2009 ferrosilicon contract price on ZCE closed at 5712 yuan per ton on July 10.

This week, the ferrosilicon market continued running stably, with little price change.

Latest Ferrosilicon Standard GB / T 2272-2020 will be implemented on September 1, 2020.

India's state-controlled mining firm Coal India (CIL) has formed a joint venture with NLC India, a state-controlled lignite producer and utility, to set up thermal and solar power assets with a combined capacity of 5GW in the country.

Most agreed that the increased production is a concern and could lead to an oversupply on the market and lower prices.