Ferronickle market weekly comment(May 14th -May 18th ): The ferronickle price went up this week

  • Friday, May 18, 2018
  • Source:ferro-alloys.com

  • Keywords:ferronickle
[Fellow]Ferronickle market weekly comment(May 14th -May 18th ): The ferronickle price went up this week

[ferro-alloys.com]In this week, LME nickle price went up in general, and the price of nickle in future market was in high level.Parts of steel plants halted their productions due to the environmental protection and other causes. Besides, the inventory of stainless steels were declining. These made the stainless steel products were in short supply. The price of stainless steel rose up, and so did the price of ferronickle. At present, The Ni1.6-1.8% ferronickle mainstream price is between 3100RMB/T and 3200RMB/T. The Ni 8%-10% ferronickle price is 1025-1040RMB/nickle point.

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

3150RMB/Nickle point

3100-3200RMB/Nickle point

Ni 8%-12%

Inner Mongolia

1032.5 RMB/Nickle point

1025-1040RMB/Nickle point

  • [Editor:王可]

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