The country is also expected to remain the world's largest primary energy consumer despite slowing demand growth.

Currently, the prices of imported manganese ore is also on a downside and silico manganese producers are not being able to increase the offer prices.

The 2101 ferrosilicon contract price on ZCE closed at 5854 yuan per ton on October 22.

Ferro-alloys.com:BHP OPERATIONAL REVIEW FOR THE QUARTER ENDED 30 SEPTEMBER 2020

The 2101 ferrosilicon contract price on ZCE closed at 5946 yuan per ton on October 21.

Nickel price trend on October 21st

LME nickel price trend on October 20th

As the market enters the final few months of 2020, US flat-rolled steel mills sit in a much better position than they were just two months ago.