as the expectation for FeNi outlook was still not optimistic, most of the discontinued manufactures still kept the wait and see attitude. In addition, the stainless steel mills did not worry to purchase for the adequate stock of the raw materials, so it was ex...
In middle of Sept., the high ferronickel price in Chinese market declined by RMB5-10/Ni once again. In Inner Mongolia, the price was mainly quoted at RMB1250-1260/Ni and in Shandong and Jiangsu provinces, it was RMB1260-10270/Ni (ex-works price with tax). One ...
Medium and high FeNi price basically kept stable as FeNi with (Ni 4-6%) at RMB1,270-1,290/Ni, ferronickel (Ni 6-8%) at RMB1,260-1,280/Ni and ferronickel (Ni 10-15%) at RMB1,260-1,280/Ni. As most of the producers still could not see optimistic sign of nickel ma...
At early of Sept., the operating rate of high Ferronickel in Shandong-one major producing areas of China basically maintained at 30-50% and the ex-works price was RMB1260-1280/Ni. Despite of the poor market condition, even the large manufactures here could not...
Now the operating rate in North areas were still not optimistic. in respective of the market prediction, many producers said the FeNi price was hard to go down for high Ni ores cost while it also difficult to increase for the weak demand form stainless steel m...
At early of Sept., in Inner Mongolia-one major producing area of high FeNi in China, the operating rate of high ferronickel was just about 36%. It was acknowledged that the production advantages of FeNi decreased along with the nickel ores supply problems as w...
At early of Sept., the purchasing price of high ferronickel in Chinese market was basically at RMB1270-1310/Ni(DDP,by cash ) and the details were listed as below. Baosteel cut down the Sept. purchase price by RMB10 to RMB1270/Ni(DDP,by cash ) ; Taiyuan Iron & ...
In total, the operating rate in South areas were better than that of north areas. Even though the capacity release rate recovered slightly, the production were still highly restricted by the nickel ores supply and the poor market. In Shandong province, the str...