Ferronickel market weekly comment(Dec 17th- Dec 21st) The high grade ferronickel price rose up, low grade ferronickel price dropped down

  • Friday, December 21, 2018
  • Source:ferro-alloys.com

  • Keywords:high grade ferronickel, rose up, low grade ferronickel, dropped down
[Fellow]Ferronickel market weekly comment(Dec 17th- Dec 21st) The high grade ferronickel price rose up, low grade ferronickel price dropped down

[ferro-alloys.com]The stainless steel market was in downturn. The trading volume was insufficient. Besides, some steel plants would halt their production for overhaul. Both supply and demand was in lower level in nickel market. Due to rising of LME nickel price on last Friday and better dealing situation, the high grade ferronickel price went up. The bidding price of high grade ferronickel by ZPSS was 960 RMB/Nickel this week.It was 5 RMB/Nickel higher than the purchase price last week.The purchase price of high grade ferronickel by Qsingshan was 960-970 RMB/Nickel, it was 10 RMB/Nickel higher than the price in last period.he Ni 8%-10% ferronickel mainstream price was 940-955 RMB/Nickel. The Ni1.6-1.8% ferronickel mainstream price was between 3450RMB/T and 3500RMB/T.It was lower than the price last week.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%

North Region

3475RMB/tons

3450-3500RMB/tons

Ni 8%-12%

Inner Mongolia

947.5RMB/nickel point

940-955RMB/nickel point

 

  • [Editor:王可]

Tell Us What You Think

please login!   login   register
  • Buy & Sell

 
Please be logged in to comment!