Ferronickel market weekly comment (Nov 5th- Nov 9th) The price of ferronickel went down in this week

  • Tuesday, November 13, 2018
  • Source:ferro-alloys.com

  • Keywords:went down, price
[Fellow]Ferronickel market weekly comment (Nov 5th- Nov 9th) The price of ferronickel went down in this week

[ferro-alloys.com]Last week, it was said that several domestic steel enterprises had established their ferronickel plants in Indonesia and they planed to started their production and sell their products in domestic market. It influenced high grade ferronickel market.Its price went down on Monday. The stainless steel market was in downturn. Influenced by environmental protection inspection, the output of ferronickel was restricted. So, in rest of this week, the ferronickel market kept steady.The Ni 8%-10% ferronickel mainstream price was 1030-1045 RMB/Nickel. The Ni1.6-1.8% ferronickel mainstream price was between 3550RMB/T and 3650RMB/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%

Shandong

3600RMB/tons

3550-3650RMB/tons

Ni 8%-12%

Inner Mongolia

1037.5RMB/nickel point

1030-1045RMB/nickel point

 

  • [Editor:王可]

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