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Ferronickel market weekly comment(August 12th- August 16th) The high grade ferronickel price went up and down, the price of low grade ferronickel was stable

  • Friday, August 16, 2019
  • Source:ferro-alloys.com

  • Keywords:price, went up and down
[Fellow]Ferronickel market weekly comment(August 12th- August 16th) The high grade ferronickel price went up and down, the price of low grade ferronickel was stable

[ferro-alloys.com]In this week, India announced to impose tariff on Chinese stainless steel, the stainless steel market was shocked. So, the price of ferronickel went down in early period. However, the nickel market was in upturn, the ferronickel price lifted up later. 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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