In recent week, the low FeNi（Ni1.6-1.8%）maintained at RMB2350-2400/mt. However, the real trading was RMB20-50/mt lower than the offer due to the different payment method. According to the statistics, the discontinuous enterprises still had no certain time to...

In end of Apr., the high ferronickel price basically kept stable, which was quoted at RMB950-960/Ni (ex-works price with tax by cash). In Inner Mongolia, some enterprises with large furnaces like 33000kva and close to the port had already recovered

After 5 weeks’ decline, the LME Nickel price slightly recovered. On Mar.16th, LME Ni closed at USD12795/mt, which increased by USD260/mt than last week while the stock improved by 1974tons

Along with the recovering production, the low FeNi price declined to RMB2420-2450/mt, RMB60/mt lower than last week. if some enterprises in Linyi, Shandong would resume in May as expected, the supply would further increase.

In recent days, the low FeNi supply increased along with the production recover of some enterprises. However, as the demand from steel mills was weak, the low FeNi price declined by RMB50/mt to RMB2420-2450/mt.

In quarter 1 of 2015, high ferronickel price continued to decline. At the end of Mar., the high FeNi was quoted at RMB980-990/Ni, with decreasing rate of RMB100/Ni. Under weak market condition, high fund pressure and strict environmental condition, the discont...

Under the poor market condition and the high fund pressure, most discontinued factories were reluctant to recover the production. in quarter 1 of 2015, the stainless steel coil price(304/2B) in Chinese market had already decreased by more than RMB1000/mt. the ...

Low FeNi Price from Mar. 2014 to Mar. 2015-China (Unit:RMB/mt)