An increase on the tariff on Turkish steel to 50% was announced by Trump via Twitter, but never officially implemented.

"The trend is for prices to gradually dip down but the path will be really bumpy," Liao said.

The blast furnace has a capacity of 1.3 million crude steel/year and the stoppage will at least be for four-six weeks.

Nickel ore market weekly comment(Oct 14th- Oct 18th): The prices of Laterite-Nickel ore dropped down this week

Ferronickel market weekly comment(Oct 28th- Nov 1st) The high grade ferronickel price remained in low level,the price of low grade ferronickel went down a little.

Electrolytic nickel market weekly comment(Oct 28th- Nov 1st) LME nickel price dropped down in general, so did the electrolytic nickel price went down

Top 20 positions increased and decreased varied, the purchase volume is more than the holding position.

Arch Coal had a stronger-than-expected third quarter as it increasingly focused on its met segment.