Ferronickel market weekly comment(June 1st-June 5th) The price of high grade ferronickel price dropped down in this week

  • Friday, June 5, 2020
  • Source:ferro-alloys.com

  • Keywords:price, cut
[Fellow]Ferronickel market weekly comment(June 1st-June 5th) The price of high grade ferronickel price dropped down in this week

[ferro-alloys.com]In this week, the demand for stainless-steel was insufficient. So, the market was restricted. Ferronickel market was also affected. The price dropped down in this week. The Ni 8%-10% ferronickel was quoted at 960-980 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

970 RMB/nickel point

960-980 RMB/nickel point

 

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  • [Editor:王可]

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