Ferronickle market weekly comment(Mar 12th - Mar 16th): the price of ferronickle price rose up

  • Friday, March 16, 2018
  • Source:ferro-alloys.com

  • Keywords:ferronickle
[Fellow]Ferronickle market weekly comment(Mar 12th - Mar 16th): the price of ferronickle price rose up

[ferro-alloys.com]The domestic stainless steel plants were still in overhaul status, and Tangshan government strengthened the production restriction. These made market worried about the shortage of high grade ferronickle supply. The Ni1.6-1.8% ferronickle mainstream price is between 3300RMB/nickle point and 3400RMB/nickle point. The Ni 8%-10% ferronickle price is 1000-1020RMB/nickle point. According to the market message, some low grade ferronickle plants had stopped the production due to overhaul. The supply will be decreased. As the requirement remains, the low grade ferronickle price may be risen up.

The following sheet reflect the current ferronickle price during the last few days

Ferronickle

Region

Current Price

Scope of quoted Price

Ni 1.5%-1.7%

Shandong

3350 RMB/Nickle point

3300-3400RMB/Nickle point

Ni 8%-12%

Inner Mongolia

1010 RMB/Nickle point

1000-1020RMB/Nickle point

  • [Editor:王可]

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