Electrolytic nickel market weekly comment(Feb 24th- Feb 28th) LME nickel price dropped down in general, so did the price of electrolytic nickel

World crude steel production for the 64 countries reporting to the World Steel Association (worldsteel) was 154.4 million tonnes (Mt) in January 2020, a 2.1% increase compared to January 2019.

Japan imported 39578.141 tons of ferrosilicon (>55%) in January.

Japan imported 973.9 tons of ferrosilicon (≤55%) in January, 2020.

Through 2019, Ordos City (Inner Mongolia, China) Ferrosilicon Production was 1162 thousand tons.

Through 2019, Ordos City (Inner Mongolia, China) Ferrosilicon Production was 1162 thousand tons.

LME nickel price trend on February 27th

Ferrosilicon futures 2005 contract close at 5720 on Thursday February 27.