[ferro-alloys.com]In this week, the stainless steel was in downturn. The trading volume was less in ferronickel market. There existed rumor that Indonesia would forbid export of nickel ore in advance. It affected high grade ferronickel market. The price used to rise up a little. After Indonesian government said that the rumor was not true, the price of high grade ferronickel returned to the level last week. The price of low grade ferronickel went down a little this week.  The Ni 8%-10% ferronickel was quoted at 1135-1155 RMB/Nickel. The Ni1.6-1.8% ferronickel mainstream price was 3200-3250 RMB/T. The following sheet reflect the current ferronickel price during the last few days.

• [Editor:王可]