[Ferro-Alloys.com]LME nickel continued to rise this week after breaking through MA89 on Tuesday, up 3.87% on the day. The price began to fall after hitting 9,000 and was trying to break the resistance level of 9,000.

[Ferro-Alloys.com]Some of China’s major stainless steel mills hiked their tender prices in April for the first time in recent years, which would support the whole chrome market.

[Ferro-Alloys.com]Despite the tight supply of spot nickel ore, the futures and spot prices of nickel ore remained stable this week, and some ferronickel producers said there’s not enough nickel ore in ports.

On 18, April, the price of EMM keeps stable. The main price is about RMB9,900-10,100/mt, while some Chinese local regions decline electricity price, more and more stopping plants begin to produce EMM, so the market price may continue to decline in the future.

[Ferro-Alloys.com] The price of cold steel strip has soared up recently compared with that in the beginning of April. It is reported that the price has increased RMB300-400 per ton. Reportedly, Tangshan Delong Steel Co., Ltd and Hebei Tianzhu Steel Group Co.,...

]On April, 15, the main price of EMM keeps stable, about RMB9,900-10,100/mt.

[Ferro-Alloys.com]In recent period, Chinese ferrosilicon failed to keep on track to upward trend, and combined offer has yet to bring about ample cushion amid grim demand.

Today, in Guangxi area, seven plants still produce EMM, and the daily output is about 670mt, among them, CITIC Dameng is the largest one, which produces 450mt per day, accounting for 67% nearly. While in Guangxi, the commercial power price is about RMB0.60/KWH...