Profits of China's major industrial enterprises rose by 11.5 percent year-on-year in June, up from 6 percent in May.

The 2009 ferrosilicon contract price on ZCE closed at 5546 yuan per ton on July 31.

The fresh Covid-19 restrictions in several Indian states are set to weigh further on India's electricity demand.

LME nickel price trend on July 30th

The 2009 ferrosilicon contract price on ZCE closed at 5582 yuan per ton on July 30.

Nickel price trend on July 30th

LME nickel price trend on July 29th

The domestic US HRC assessment fell by $8.50/short ton (st) to $455/st. Lead times were flat at 2-3 weeks.