This week, the operation of ferrosilicon market is relatively strong.

In the week ending on May 16, 2020, domestic raw steel production was 1,181,000 net tons while the capability utilization rate was 52.7 percent.

The 2009 ferrosilicon contract price on ZCE closed at 5880 yuan per ton on May 22.

Kyodo news agency reported that Japan Iron and Steel Union released on 19th that the crude steel output of Japan in 2019 was 98.428 million tons.

Nickel ore market weekly comment(May 18th-May 22nd): The prices of Laterite-Nickel ore was stable this week

Ferronickel market weekly comment(May 18th-May 22nd) The price of high grade ferronickel price was stable in this week

Electrolytic nickel market weekly comment(May 18th-May 22nd) LME nickel price rose up in general, the price of electrolytic nickel was not stable

LME nickel price trend on May 21st