[Ferro-Alloys.com]At early of Aug., the high FeNi operating rates in main producing areas started to recover for the downturn nickel ores price and the loosed fund pressure. In Jiangsu and Shandong provinces, it basically maintained at 50-55%. Inner Mongolia areas increased to 35-40% from 30% and in South Areas of China, it improved to 55%.
Even though the high FeNi operating rate in China was still in low level, the slightly recovered condition presented a optimistic signal for future market.
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