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[Ferro-Alloys.com]Since quarter 4, many FeNi producers temporarily closed down in Inner Mongolia, China, the main reasons of which were the high nickel ores cost and the APEC Conference, especially the New environmental laws’ execution on Jan.1^st of 2015. In addition to the above two factors, the stalemate price of the sound nickel ores resource also restricted the capacity release. Buyers tried their best to pressure on the nickel ores price to reduce the cost.

In view of the market condition in early 2015, many market players did not hold the optimistic attitude as the FeNi supply was comparatively tense while the demand from stainless steel did not show rapid growth. Therefore, the recover sign was still not seen in the main producing area of China.

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• [Editor:Juan]