Electrolytic nickel market weekly comment(September 14th-September 18th) LME nickel price went up and down, so did the electrolytic nickel price

LME nickel price trend on September 17th

China's domestic steel margins have slumped since the start of September due to high iron ore prices and a "correction" in finished steel prices, S&P Global Platts data shows.

On a month-on-month basis, output was down 3.7%, while sales rose 3.5%.

This week, the ferrosilicon market continued to maintain stable operation.

China's investment in property rose 11.8% year on year to Yuan 1.31 trillion ($193.8 billion) in August.

The US Department of Commerce adopted a final rule Sept. 11 to modernize the Steel Import Monitoring and Analysis (SIMA) system, it said in a statement.

Major mills announced capacity shutdowns throughout April and May expecting an annual contraction of demand by at least 30%.