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Ferronickel market weekly comment(Dec 10th- Dec 14th) The price of ferronickel went down in this week

  • Friday, December 14, 2018
  • Source:ferro-alloys.com

  • Keywords:price,dropped down
[Fellow]Ferronickel market weekly comment(Dec 10th- Dec 14th) The price of ferronickel went down in this week

[ferro-alloys.com]The stainless steel market was in downturn. The trading volume was insufficient. Besides, some steel plants would halt their production for overhaul. Both supply and demand was in lower level in nickel market. Meanwhile, the import volume of ferronickel from Indonesia was increasing, and the domestic ferronickel plant did not decrease. The bidding price of high grade ferronickel by ZPSS was 955 RMB/Nickel this week.It was 5 RMB/Nickel lower than the purchase price last week. The price of ferronickel kept steady this week.The Ni 8%-10% ferronickel mainstream price was 925-940 RMB/Nickel.The price of low grade ferronickel price kept steady this week. The Ni1.6-1.8% ferronickel mainstream price was between 3450RMB/T and 3600RMB/T.The following sheet reflect the current ferronickel price during the last few days.

Ferronickel

Region

Current Price

Scope of quoted Price

Ni 1.5%-1.7%

North Region

3525RMB/tons

3450-3600RMB/tons

Ni 8%-12%

Inner Mongolia

932.5RMB/nickel point

925-940RMB/nickel point

 

  • [Editor:王可]

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