The concentrate and pellet segments of the seaborne iron ore market continued to experience lackluster trading last week.

The weekly Fastmarkets price assessment for steel slab export, fob main port Brazil was $425-435 per tonne last Friday August 2.

European trading has been quiet although there are signs that the market may be establishing a price floor after months of steady price losses.

Most people are focusing on steel mills tender price of August.

Nickel ore market weekly comment(July 29th- August 2nd): The prices of high grade Laterite-Nickel ore rose up again this week

Ferronickel market weekly comment(July 29th- August 2nd) The high grade ferronickel price went up a little, the price of low grade ferronickel was stable

Electrolytic nickel market weekly comment(July 29th- August 2nd) LME nickel price went up in general, and the electrolytic nickel price was not stable

Recently, in order to celebrate the 70th Anniversary of the founding of the People’s Republic of China and minimize pollution and haze, all steel rolling enterprises in Beijing-Tianjin-Hebei region have restricted or stopped production, which will last for tw...