The latest tender price of high ferronickel of Posco was RMB1090/Ni,

Linyi Zhong Yi Metal Technology Co., Ltd. buy Nickel Ores Spot with Ni content of 1.5%min

It was acknowledged that Jisco had once again reduced the purchasing price of high FeNi in November 2014, which was RMB970/Ni（delivery price with tax, by acceptance）,

Tisco settled the high FeNi tender price at RMB930/Ni in Nov. 2014, which declined by RMB250/Ni with that of last month.

Baosteel Cut Down High FeNi Benchmark Price in Sept..-China

Taiyuan Iron and Steel (Group) Slightly Reduced High FeNi Tender Price in Sept.-China

Jiuquan Iron & Steel(Group) Kept High FeNi Benchmark Price in Sept. Unchanged-China

Tsingshan Group Maintained High FeNi Tender Price Stable in Sept.-China