LME nickel price trend on June 15th

Global nickel output to decline 19% y-o-y in 2020 — report

Japan's Tokyo Steel announced its sixth increase for ferrous scrap prices this month, effective on 13 June, as its previous rises failed to boost scrap flow to some mills.

UK-South African mining firm Anglo American has restarted its 6.5mn t/yr Moranbah North coking coal mine in Queensland, Australia, four months after a seam collapse forced its closure.

In early June 2020, the key steel enterprises produced 21.0916 million tons of crude steel.

The UK economy suffered its biggest monthly contraction on record in April, with the country's GDP shrinking by a fifth during the first full month of its Covid-19 lockdown.

The 2009 ferrosilicon contract price on ZCE closed at 5754 yuan per ton on June 16.

With more than 10,000 registered coal traders, the CTCTC is the largest coal trading center in China.