Key finished steel products with a significant increase in imports in May compared to April are oil country goods (up 71%).

From January to May 2020, Xinjiang's raw coal output was 105.324 million tons, a year-on-year increase of 15.9%.

Nickel price trend on July 1st

The 2009 ferrosilicon contract price on ZCE closed at 5944 yuan per ton on July 1.

China's steel sector purchasing managers' index (PMI) decreased by 1.6 points from May to 49.3 in June.

China imported 4.76mn t of coking coal in May, down by 23pc from 6.21mn t in April and down by 19pc from a year earlier.

The 2009 ferrosilicon contract price on ZCE closed at 5944 yuan per ton on June 29.

Nickel price trend on June 30th