[ferro-alloys.com]The Spring Festival was coming soon, the trading volume of stainless steel was less than ever. In general, the stainless steel market kept steady. The nickel market was in higher level in this week, and progress of newly increased capacities were not as fast as people’s expections. So,the Ni 8%-10% ferronickel was quoted at 950-965 RMB/Nickel, it increased a little compared to the price last week. Due to decreaed demand for 201 series stainless steel, the Ni1.6-1.8% ferronickel mainstream price was between 3250RMB/T and 3450RMB/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 |
3350RMB/tons |
3250-3450RMB/tons |
Ni 8%-12% |
Inner Mongolia |
955RMB/nickel point |
950-960RMB/nickel point |
- [Editor:王可]
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