[ferro-alloys.com]As the price of nickel rose up, the stainless steel price was in higher level. Althouth the new furnaces of Xinhai Plant had started their productions, the increasing rate of adding new ferronickel capacity did not reach people’s expection, so the supply of ferronickel was insufficient.In this week, the bidding price by ZPSS reached 1030 RMB/Nickel. It was 10 RMB/Nickel higher than the price last week. None of trade deals had been made. The Ni 8%-10% ferronickel was quoted at 990-1020 RMB/Nickel. The Ni1.6-1.8% ferronickel mainstream price was between 3250RMB/T and 3400RMB/T. It was lower than the price last week.The following sheet reflect the current ferronickel price during the last few days.

• [Editor:王可]