Ferronickel market weekly comment(April 1st- April 4th) The high grade ferronickel price went down , so did low grade ferronickel price

  • Thursday, April 04, 2019
  • Source:ferro-alloys.com

  • Keywords:went down, price
[Fellow]Ferronickel market weekly comment(April 1st- April 4th) The high grade ferronickel price went down , so did low grade ferronickel price

[ferro-alloys.com]Although LME nickel price kept on rising in this week, the stainless steel market was in downturn.  Besides, more and more ferronickel capacities was put into production, the supply volume increased gradually. So, the price of  ferronickel went down further. The Ni 8%-10% ferronickel was quoted at 1015-1025 RMB/Nickel. The Ni1.6-1.8% ferronickel mainstream price maintained at 3200-3400 RMB/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%

North Region

3350RMB/tons

3200-3400RMB/tons

Ni 8%-12%

Inner Mongolia

1035RMB/nickel point

1015-1025RMB/nickel point

 

  • [Editor:王可]

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