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Ferronickel market weekly comment(Oct 14th- Oct 18th) The high grade ferronickel price went down,the price of low grade ferronickel remain the same.

  • Friday, October 18, 2019
  • Source:ferro-alloys.com

  • Keywords:ferronickel, price, dropped down
[Fellow]Ferronickel market weekly comment(Oct 14th- Oct 18th) The high grade ferronickel price went down,the price of low grade ferronickel remain the same.

[ferro-alloys.com]The stainless steel market was stable in general. Some nickel mines announced to have restarted their productions, and some were planning to resume their productions. So, the nickel ore price dropped down this week. Besides, due to fall of LME nickel price, the ferronickel price kept on dropping this week. The Ni 8%-10% ferronickel was quoted at 1135-1155 RMB/Nickel. The Ni1.6-1.8% ferronickel mainstream price was 3200-3250 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

3350 RMB/tons

3300-3400 RMB/tons

Ni 8%-12%

Inner Mongolia

1200 RMB/nickel point

1180-1220 RMB/nickel point

 

  • [Editor:王可]

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