Key finished steel products with a significant increase in imports in May compared to April are oil country goods (up 71%).

Nickel price trend on July 1st

China's steel sector purchasing managers' index (PMI) decreased by 1.6 points from May to 49.3 in June.

China imported 4.76mn t of coking coal in May, down by 23pc from 6.21mn t in April and down by 19pc from a year earlier.

The 2009 ferrosilicon contract price on ZCE closed at 5944 yuan per ton on July 1.

The 2009 ferrosilicon contract price on ZCE closed at 5944 yuan per ton on June 29.

Nickel price trend on June 30th

LME nickel price trend on June 29th