As reported, International Nickel Study Group announced on Tuesday that global nickel oversupply shrunked 50% to 53200t from Jan. 2015 to Nov. 2015.

When it comes to metals prices, GMK Norilsk Nickel is preparing for the worst. The Russian company that vies with Vale as the biggest producer is budgeting for an average of about $9000 a metric ton in 2016, said two people familiar with the situation.

[Ferro-Alloys.com] In recent period, price of electrolytic manganese flake in Chongqing, Hunan and Guangxi main production areas rose to around RMB 9,800/mt-10,000/mt on the basis of last week RMB9,600-9,800/mt.

[Ferro-Alloys.com] Communication with one enterprise in Shaanxi Province, they has stopped furnaces, the company shipped was very good before, they expected to yield stable furnace before May, they main produced silicon metal grades 421,441,521,553; the other...

[Ferro-Alloys.com] Now the price of silicon metal 553# offer increased, and we has learned that one industries has no inventory and some traders has, but their offer was stable and strong, they are more attention to the purchasers payment term and if the purch...

Last week low-grade nickel ore 0.9-1.1% was quoted at about 140yuan/t; mid-grade nickel ore 1.5% was quoted at about 200 yuan/t; high-grade nickel ore 1.8% was quoted at 330 yuan/t in domestic market. In international market, low-grade nickel ore 0.9-1.1% was ...

Last week low-grade ferronickel 1.6-1.8% quoted at 1630-1650yuan; mid-grade ferronickel 4-6% quoted at 700-710yuan and 6-8% quoted at 680-690yuan; high-grade ferronickel 10-12 quoted at 690-700yuan.

Last week, international nickel price rebounded slightly partly because of market adjustment. Nickel price in LME closed at $8545 per ton on Friday, up $350 compared to Monday. And nickel stock in LME reduced 3072 tons to 433968 tons on Thursday. In the other ...