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Ferronickel market weekly comment(July 16th - July 20th ): the prices of ferronickel went down in general

  • Friday, July 20, 2018
  • Source:ferro-alloys.com

  • Keywords:ferronickel,market
[Fellow]Ferronickel market weekly comment(July 16th - July 20th ): the prices of ferronickel went down in general

[ferro-alloys.com]As the environmental protection inspection ended,some ferronickel plants were resuming their productions. The supply of ferronickel was still restricted in the market.Some large steel plants halted their productions due to overhauls or other reasons.The demand for ferronickel was not in high level. What’s more, the LME nickel price trend affected the ferronickel market, the price of high grade ferronickel decreased. The purchase price for high grade ferronickel  by ZPSS was 1080RMB/Nickel. It was 10RMB/Nickel lower than the price last week. The Ni1.6-1.8% ferronickel mainstream price was between 3400RMB/T and 3500RMB/T. The Ni 8%-10% ferronickel price was 1060-1075RMB/nickel point.

The following sheet reflect the current ferronickel price during the last few days

Ferronickel

Region

Current Price

Scope of quoted Price

Ni 1.5%-1.7%

Shandong

3450RMB/nickel point

3400-3500RMB/nickel point

Ni 8%-12%

Inner Mongolia

1067.5RMB/nickel point

1060-1075RMB/nickel point

 

  • [Editor:王可]

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