The 2101 ferrosilicon contract price on ZCE closed at 5988 yuan per ton on November 9.

Nickel price trend on November 9th

LME nickel price trend on November 6th

This trend is expected to persist in the medium term, whereby domestic steel mills will directly benefit, VDSC said.

Data of the first week of November showed that the operating rate and output of ferrosilicon plants had a slight upward trend.

The 2101 ferrosilicon contract price on ZCE closed at 6002 yuan per ton on November 6.

Nickel ore market weekly comment(November 2nd-November 6th): The prices of Laterite-Nickel ore was steady in this week

Ferronickel market weekly comment(November 2nd-November 6th) The price of high grade ferronickel price dropped down in this week