[ferro-alloys.com]It’s on Easter Holiday abroad. So, London Metal Exchange was closed. The U.S construction data did not reach people’s expection in March, the index of U.S dollar rose up. Compared with Wuxi 1905 contract, the premium of Russian nickel was 750-800 RMB/T, and the premium of Jinchuan nickel was 2600-2700 RMB/T. Today, Jinchuan quoted its electrolytic nickel at 102200 RMB/T. It was 650 RMB/T higher than the price on last Friday.

The stainless steel market was in downturn, so was the ferronickel market. The mainstream price of high grade ferronickel was 990-1000 RMB/Nickel. It was lower than the price in last week. The price of low grade ferronickel was 3200-3400 RMB/T.

• [Editor:王可]