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Jan's Nickel Prices Reamin Stable

Tuesday, February 2, 2016
Source:ferro-alloys.com

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Keywords:Nickel

[Fellow]After the prices dropped sharply in November last year, the nickel prices remained stable during December, 2015 to Jan, 2016.

After the prices dropped sharply in November last year, the nickel prices remained stable during December, 2015 to Jan, 2016. The cash average nickel price of Jan was at US$8,483/MT and three-month average nickel price of Jan was at USD8,528/MT. Compare to December, 2015, it is lowered by USD209/MT and USD210/MT

Most Taiwanese stainless steel mills have announced to hold their list prices unchanged for February. The stainless steel demand has remained weak for long period of time and customer's stock level is low. Hope the situation will improve after the Chinese New Year holidays.

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[Editor:Sophie]

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