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Ferronickel market weekly comment(August 5th- August 9th) The high grade ferronickel price went up largely, the price of low grade ferronickel was stable

  • Friday, August 9, 2019
  • Source:ferro-alloys.com

  • Keywords:price, went up
[Fellow]Ferronickel market weekly comment(August 5th- August 9th) The high grade ferronickel price went up largely, the price of low grade ferronickel was stable

[ferro-alloys.com]In this week, It was said that Indonesian Government might forbid nickel ore export in advance.It affected nickel market, including future nickel, ferronickel, and its downstream products stainless steel. The ferronickel price went up largely.  The Ni 8%-10% ferronickel was quoted at 1080-1100 RMB/Nickel. The Ni1.6-1.8% ferronickel mainstream price maintained at 3050-3250 RMB/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

3150 RMB/tons

3050-3250 RMB/tons

Ni 8%-12%

Inner Mongolia

1090 RMB/nickel point

1080-1100 RMB/nickel point

 

  • [Editor:王可]

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