[ferro-alloys.com]The ZPSS bidding price of high grade ferronickle was announced. Most firms quoted goods at the same level. Encouraged by the rising of LME nickle, the price of stainless steel went up. Some traders purchased goods.However, the stainless steel products were over-supplied. It was hard for high grade ferronickle price to go up. Although the price of 201 series stainless steel had risen this week, the low grade ferronickle price was still at low level due to the lack of demands.The Ni1.6-1.8% ferronickle mainstream price is between 3000RMB/T and 3100RMB/T. The Ni 8%-10% ferronickle price is 970-985RMB/nickle point.

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

• [Editor:王可]