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 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 1.56mn metric ton (t)/yr blast furnace at Indiana Harbor was idled in March as the US economy shut down because of the Covid-19 pandemic.

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

Nickel price trend on August 4th