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[ferro-alloys.com]In this week, the stainless steel was in downturn. The demand for ferronickel was insufficient.Meanwhile, the capacities of ferronickel has been put into production. The supply of ferronickel was sufficient. So, the price of ferronickel could not rise up. The traders kept their goods to maintain the price. So, the price of high grade ferronickel was stable in this week. The Ni 8%-10% ferronickel was quoted at 940-955 RMB/Nickel. The Ni1.6-1.8% ferronickel mainstream price maintained at 3100-3300 RMB/T. It was lower than the price last week. The following sheet reflect the current ferronickel price during the last few days.

• [Editor:王可]