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.

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 ...

[Ferro-Alloys.com] Nickel ore price held stable last week. In the domestic market, low-grade nickel ore 0.9-1.1% priced at 140-160yuan/wt; mid-grade nickel ore 1.5% priced at 240-260yuan/wt; high-grade nickel ore 1.8% priced at 400-420yuan/wt. In the internati...

[Ferro-Alloys.com] Low-grade ferronickel price increased a little last week and high-grade ferronickel is expected to go down. Low-grade ferronickel 1.6-1.8% priced at 1600-1620yuan/t; mid-grade ferronickel 4-6% priced at 710-720yuan/nickel; mid-grade ferronic...

[Ferro-Alloys.com] Nickel Price Held Steady last week. On December 24th, nickel price in London Metal Exchange closed at 8620 dollars and its opening stock increased to 445332t.

[Ferro-Alloys.com] Ferronickel factories pledged to cut production together which may shore up the nickel price. Low-grade ferronickel 1.6-1.8% quoted at 1580-1600yuan/t; mid-grade ferronickel 4-6% quoted at 710-720yuan/ni; mid-grade ferronickel 6-8% quoted at...