In late April, the social inventory of 5 varieties of steel in 20 cities was 16.24 million tons.

The 2009 ferrosilicon contract price on ZCE closed at 5796 yuan per ton on May 7.

The 2009 ferrosilicon contract price on ZCE closed at 5782 yuan per ton on May 6.

In Q1, 2020, Japan imported 96494.598 tons of ferrosilicon (>55%), down by 8.7% YoY.

Ferronickel market weekly comment(April 26th-April 30th) The price of high grade ferronickel price went up in this week

Nickel ore market weekly comment(April 26th-April 30th): The prices of Laterite-Nickel ore was stable this week

Electrolytic nickel market weekly comment(April 26th-April 30th) LME nickel price rose up in general, the price of electrolytic nickel was not stable

In the last ten days of April, the rise of futures market boosted some confidence in the spot market.