Nickel price trend on June 8th

LME nickel price trend on June 5th

In the week ending on May 30, 2020, domestic raw steel production was 1,206,000 net tons while the capability utilization rate was 53.8 percent.

The 2009 ferrosilicon contract price on ZCE closed at 5804 yuan per ton on June 8.

"We don't expect much improvement in construction demand while it's the rainy season here," a steelmaker in Vietnam said.

Norwegian green steel project, hydrogen strategy launched.

The 2009 ferrosilicon contract price on ZCE closed at 5842 yuan per ton on June 5.

At present, ferrosilicon market is still in short supply, and manufacturers have no inventory pressure for the time being.