In late April, the social inventory of 5 varieties of steel in 20 cities was 16.24 million tons.

April data pointed to an unprecedented contraction in Indian manufacturing output.

In Q1, 2020, Japan imported 96494.598 tons of ferrosilicon (>55%), down by 8.7% YoY.

Affected by the coronavirus, European steel enterprises will face a 75% reduction in new orders, according to Eurofer.

Ferronickel market weekly comment(April 26th-April 30th) The price of high grade ferronickel price went up in this week

Nickel ore market weekly comment(April 26th-April 30th): The prices of Laterite-Nickel ore was stable this week

Electrolytic nickel market weekly comment(April 26th-April 30th) LME nickel price rose up in general, the price of electrolytic nickel was not stable

Japan imported 2531.648 tons of ferrosilicon (≤55%) in Q1.