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China's factory activity expanded at a faster pace in June, beating expectations, Reuters reported Tuesday.

Nickel price trend on July 6th

LME nickel price trend on July 6th

Chinese manufacturing activity strengthened in June but the leading indices provided further evidence that the country's steel market recovery will be largely domestically-driven.

The 2009 ferrosilicon contract price on ZCE closed at 5886 yuan per ton on July 7.

Nickel price trend on July 6th

LME nickel price trend on July 3rd

The 2009 ferrosilicon contract price on ZCE closed at 5910 yuan per ton on July 6.