Ferronickel market weekly comment(November 30th-December 4th) The price of high grade ferronickel price dropped down in this week

  • Friday, December 4, 2020
  • Source:ferro-alloys.com

  • Keywords:price, fell down
[Fellow]Ferronickel market weekly comment(November 30th-December 4th) The price of high grade ferronickel price dropped down in this week

[ferro-alloys.com]The nickel downstream industry market was in downturn including stainless-steel market. So, the outputs of stainless-steel and ferronickel decreased. After fall of ferronickel in early period, the ferronickel price kept stable in rest of this week. The Ni 8%-10% ferronickel was quoted at 1010-1030 RMB/Nickel. The Ni1.6-1.8% ferronickel mainstream price was 3300-3400 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

3350 RMB/tons

3300-3400 RMB/tons

Ni 8%-12%

Inner Mongolia

1020 RMB/nickel point

1010-1030 RMB/nickel point

 

  • [Editor:王可]

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