Prediction

Nickel Leads Gains in Most Industrial Metals amid China Rebound

Nickel led base metals higher in London, rebounding after two weeks of losses prompted by concerns over financial turmoil in China, the biggest consumer of commodities. Metals benefited from gains in equity markets and the currency in the Asian country on Mond...

Wednesday, January 20, 2016

Stubborn Bulls See Nickel Swinging to Best Metals Bet in 2016

This year will be different. That’s what some analysts are saying about the price of nickel, a metal used in making stainless steel that was supposed to surge last year but instead plunged to a 12-year low. While the Slump of 2015 has continued this month, th...

Wednesday, January 20, 2016

FeCr Faced with Unprecedented Challenge amid Plummeting Prices

[Ferro-Alloys.com]Four of China's largest stainless steel mills settled their first tender prices of high-carbon ferrochrome in 2016, with Tsingshan Group at RMB4,998/T Cr 50% basis, TISCO at RMB4,780/T Cr 50% basis, Baosteel at RMB4,960/T Cr 50% basis and JIS...

Wednesday, January 20, 2016

Half of Global Nickel Oversupply Shrunked in the First Eleven-Months 2015

As reported, International Nickel Study Group announced on Tuesday that global nickel oversupply shrunked 50% to 53200t from Jan. 2015 to Nov. 2015.

Wednesday, January 20, 2016

Top Nickel Producer Said to Budget for 24% lower Price This Year

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.

Tuesday, January 19, 2016

Tight Supply in China Pushed EMM further up

[Ferro-Alloys.com] In recent period, price of electrolytic manganese flake in Chongqing, Hunan and Guangxi main production areas rose to around RMB 9,800/mt-10,000/mt on the basis of last week RMB9,600-9,800/mt.

Tuesday, January 19, 2016

High-grade Nickel Ore Price Slumped (Jan 11st-Jan 15th)

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 ...

Monday, January 18, 2016

The Lower Price Because of Foreign Inquiries and Hard to Shipment for China Si Metal Factories

[Ferro-Alloys.com]With the pressure to devalue RMB, foreign traders did not soft-hearted to China exporters, they still has greater efforts, and the recent program to watch Financial economists unknown the current state, in December last year, the Fed rate hik...

Monday, January 18, 2016
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