Baosteel expects China's vehicle production to drop 6% year on year to 24.2 million units in 2020, improving from a 11.8% year-on-year drop in January-July.

Global steel production also registered a fall during the month under review, the data showed.

Japan's coking coal imports rose in July on the back of a recovery in steel output, mainly from auto manufacturing demand.

LME nickel price trend on September 4th

Nickel ore market weekly comment(August 31st-September 4th): The prices of Laterite-Nickel ore rose up in this week

Ferronickel market weekly comment(August 31st-September 4th) The price of high grade ferronickel price went up in this week

Electrolytic nickel market weekly comment(August 31st-September 4th) LME nickel price was not steady in general , so was the electrolytic nickel price

LME nickel price trend on September 3rd