Reuters reported that small Australian miners are being hit by the 30-percent nickel price slump that’s hit the market this year. Some have had to delay projects and expansions.

Even longer term, the picture is much the same. BMO anticipates a nickel price of $7.25 in 2017 and $8 in 2018; earlier it had predicted a nickel price of $11 in both years.

At the end of 2014, many market watchers anticipated positive price action in the nickel space in the near term.

[Ferro-Alloys.com]A large high-carbon ferrochrome producer in Hunan told Ferro-Alloys.com that the company planned to increase its ferrochrome output in October by putting another furnace into production.

[Ferro-Alloys.com]According to China Customs data, China's imported chrome ores totaled around 0.94 million tonnes in June, increasing by 7.8% over the previous month.

[Ferro-Alloys.com]Chinese vanadium pent oxide was offered at RMB53,000-54,000/mt. Downstream V alloy suppliers had little intention of buying materials, pressing the buying price. Most suppliers struggled to run, selling less material.

Xinxiang Xinxing Metallurgy Material Co., Ltd is a professional maker on cored wires and alloys.

[Ferro-Alloys.com]Chinese FeV was offered at RMB63,000-64,000/mt by acceptance. In late July, there were scattered deals in the market, as steel mills made overhaul and cut output. FeV50 tender price slipped to RMB64,000/mt by acceptance.