LME nickel price trend on November 6th

In September 2020, Japan imported 27693.078 tons of ferrosilicon, an increase of 125.55% over the previous month.

From January to September 2020, Japan imported 250201.03 tons of ferrosilicon (>55%).

This trend is expected to persist in the medium term, whereby domestic steel mills will directly benefit, VDSC said.

Molybdenum price increases; Tungsten is running smoothly; Vanadium is still down

The 2101 ferrosilicon contract price on ZCE closed at 6002 yuan per ton on November 6.

Data of the first week of November showed that the operating rate and output of ferrosilicon plants had a slight upward trend.

Nickel ore market weekly comment(November 2nd-November 6th): The prices of Laterite-Nickel ore was steady in this week