The seaborne iron ore price hit more than six-year high Aug. 18, due to supply shortness of medium grade fines and a strong demand recovery in China post-pandemic.

A near-50pc surge in iron ore prices over the past three months has lifted the product's share of Chinese steel costs to an all-time high.

The 2010 ferrosilicon contract price on ZCE closed at 5772 yuan per ton on August 24.

Nickel price trend on August 24th

LME nickel price trend on August 21st

Nickel ore market weekly comment(August 17th-August 21st): The prices of Laterite-Nickel ore rose up in this week

Ferronickel market weekly comment(August 17th-August 21st) The price of high grade ferronickel price went up in this week

Electrolytic nickel market weekly comment(August 17th-August 21st) LME nickel price went up in general , so was the electrolytic nickel price