Electrolytic nickel market weekly comment(Nov 4th- Nov 8th) LME nickel price dropped down in general, so did the electrolytic nickel price

Demand for flat steel products in Turkey remained weak in October.

Export prices for Chinese plate held steady over the past week.

China’s wire rod producers kept their offers unchanged over the past week.

Turkish exports of flat steel products declined by 21.8% year-on-year to 393,716 tonnes in September.

Prices in China held steady despite lower interest among potential buyers, and export market flat on reduced inquiries.

The only attractive price for Chinese buyers could be offered by Iranian suppliers.

Seaborne iron ore prices were rangebound on Tuesday November 5.