Ferronickel market weekly comment(Jan 6th- Jan 10th) The price of high grade ferronickel price went down in this week

  • Friday, January 10, 2020
  • Source:ferro-alloys.com

  • Keywords:price, drop
[Fellow]ferronickel market weekly comment(Jan 6th- Jan 10th) The price of high grade ferronickel price went down in this week

[ferro-alloys.com]The stainless steel was still in downturn. The demand for ferronickel decreased.So, the mainstream price of ferronickel went down in this week. The Ni 8%-10% ferronickel was quoted at 960-970 RMB/Nickel.The Ni1.6-1.8% ferronickel mainstream price was 3300-3450 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

3375 RMB/tons

3300-3450 RMB/tons

Ni 8%-12%

Inner Mongolia

965 RMB/nickel point

960-970 RMB/nickel point

 

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