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The outlook is based on seasonality, the gradual and safe return of operations.

Steel product consumption in Turkey declined 25.8% to 18.9 million tonnes in the first nine months of the year.

Elkem’s result for the third quarter of 2019 was relatively strong given the challenging market conditions.

China's steel output posted steady growth in the first three quarters amid increasing market demand.

Nickel ore market weekly comment(Nov 4th- Nov 8th): The prices of Laterite-Nickel ore was stable this week

Ferronickel market weekly comment(Nov 4th- Nov 8th) The ferronickel price was stable in this week

Electrolytic nickel market weekly comment(Nov 4th- Nov 8th) LME nickel price dropped down in general, so did the electrolytic nickel price

Crude steel output totaled 748 million tons in the first nine months.