According to the statistics, total FeNi imports of China in Nov. was 24079tons, down by 21.6% and 11.9% month on month and year on year.

The continuous weakness of LME Ni once again aroused the pessimistic mood of the participant ants, especially the traders and the steel mills. For FeNi manufactures, most of them still chose to hold the stock for the high nickel ores cost

In the first 11 months of 2014, low FeNi price experienced drastic ups and downs. In half 1 of 2014, the low ferronickel ex-works price reached RMB3600/mt from RMB2600/mt of early 2014. However, along with the downturn stainless steel price the price continued...

This week the medium and high FeNi prices stayed firm, which had no changes compared with last week. Specifically, FeNi with (Ni 4-6%) was quoted at RMB1150-1160/Ni, ferronickel (Ni 6-8%) at RMB1140-1150/Ni and ferronickel (Ni 10-15%) at RMB1140-1150/Ni.

Entering Dec., the low ferronickel price started to recover due to the tight supply. More discontinuous enterprises planned to recover the production. Now the low FeNi ex-works price was RMV2550-2600/mt, rising by RMB100 than early Dec.. However, in view of th...

Now other steel mills and the traders were cautious for the purchase. However, as the price weathervane of FeNi, Tesco’s tender price in Dec. would further stimulate the market. What’s more, the international nickel price rose well, which had broken through ...

The high FeNi tender price of Tisco in Dec. was pulled up by RMB240 to RMB1170/Ni, which really shocked the market, as most of the steel mills had settled the benchmark price at RMB1100/Ni (delivery price with tax). According to the market, the trading volume ...

It is reported that nickel pig iron output in China may reach 440,000 tonnes this year, dropping by 9% YoY.