The sharp decline, said the Mongolian Customs General Administration, is largely due to the COVID-19 pandemic.

The manufacturing PMI rose for the second consecutive month in July and stood at 51.1, versus 50.9 in June, the National Bureau of Statistics said on Friday.

Nickel price trend on August 6th

LME nickel price trend on August 5th

The 2010 ferrosilicon contract price on ZCE closed at 5624 yuan per ton on August 6.

The 1.56mn metric ton (t)/yr blast furnace at Indiana Harbor was idled in March as the US economy shut down because of the Covid-19 pandemic.

Nickel price trend on August 4th

LME nickel price trend on August 4th