Electrolytic nickel market weekly comment(August 3rd-August 7th) LME nickel price rose up in general , so did the electrolytic nickel price

LME nickel price trend on August 6th

The major markets supplying steel and iron to Vietnam in the period included China, Japan and South Korea, according to the Vietnam Steel Association on Thursday.

The sharp decline, said the Mongolian Customs General Administration, is largely due to the COVID-19 pandemic.

The manufacturing PMI rose for the second consecutive month in July and stood at 51.1, versus 50.9 in June, the National Bureau of Statistics said on Friday.

Nickel price trend on August 6th

LME nickel price trend on August 5th

The 2010 ferrosilicon contract price on ZCE closed at 5624 yuan per ton on August 6.