India’s top steelmakers complained their production for the quarter ended September was affected due to a shortage in availability of iron ore and several steel industry bodies have petitioned the commerce ministry to address the issue.

The 2101 ferrosilicon contract price on ZCE closed at 5782 yuan per ton on October 29.

Nickel price trend on October 29th

LME nickel price trend on October 28th

China exported 209319.675 tons of ferrosilicon (silicon content > 55%), a year-on-year decrease of 27.61%.

LME nickel price trend on October 27th

Nickel price trend on October 28th

Our society faces pressure on long term sustainability from many sources.