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Production Suspend of FeNi Enterprises in Linyi Weakened the Ni Ores Price-China

  • Thursday, March 5, 2015
  • Source:ferro-alloys.com

  • Keywords:ferronickel FeNi nickel ore
[Fellow]According to the New Environmental Laws, 57 enterprises in Linyi City, Shandong province were ordered to suspend production for rectification. Up to Mar.4th, of which 9 ferronickel enterprises was included.

[Ferro-Alloys.com]According to the New Environmental Laws, 57 enterprises in Linyi City, Shandong province were ordered to suspend production for rectification. Up to Mar.4th, of which 9 ferronickel enterprises was included.

According to some factories, the cut-off period might last for about one month. As a main producing area of FeNi in China, the production suspend would affected much to the output. In recent days, the low grade nickel ores price had already declined slightly. Now Ni ore with Ni0.9-1.1%, Fe49% was quoted at RMB200-210/wet mt while FOB price of Philippines origin was USD16-18/wet mt. expect for the above reason, the production recover of Philippines along with the over of rainy season also pressured on the low grade nickel ores price.

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  • [Editor:Juan]

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