In the week ending on May 30, 2020, domestic raw steel production was 1,206,000 net tons while the capability utilization rate was 53.8 percent.

The 2009 ferrosilicon contract price on ZCE closed at 5804 yuan per ton on June 8.

The 2009 ferrosilicon contract price on ZCE closed at 5842 yuan per ton on June 5.

At present, ferrosilicon market is still in short supply, and manufacturers have no inventory pressure for the time being.

Nickel ore market weekly comment(June 1st-June 5th): The prices of Laterite-Nickel ore was stable this week

Ferronickel market weekly comment(June 1st-June 5th) The price of high grade ferronickel price dropped down in this week

Electrolytic nickel market weekly comment(June 1st-June 5th) LME nickel price rose up in general, so did the price of electrolytic nickel

The Shanxi government also plans to reduce the number of coal mines to no more than 900 by the end of this year.