Electrolytic nickel market weekly comment(November 9th-November 13th) LME nickel price rebounded, the electrolytic nickel price rose up a little

LME nickel price trend on November 12th

China's steel exports in October rose by 5.2pc from September to 4.04mn t as Chinese mills shifted supplies to overseas markets with falling domestic prices.

Coal exports are expected to be lower because of weaker global demand for coal.

January-October imports rose by 73.9pc from a year earlier to 17.71mn.

The 2101 ferrosilicon contract price on ZCE closed at 5938 yuan per ton on November 12.

In the meeting, Gharibpour called for cooperation with the Australian side in various areas including training, exploration, extraction, and new technologies, IRIB reported.

Nickel price trend on November 12th