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Ferronickel market weekly comment (Sep 25th- Sep 28th) The price of high grade ferronickel went up and down, and low grade ferronickel price kept steady

  • Friday, September 28, 2018
  • Source:ferro-alloys.com

  • Keywords:went up and down, steady
[Fellow]Ferronickel market weekly comment (Sep 25th- Sep 28th) The price of high grade ferronickel went up and down, and low grade ferronickel price kept steady

[ferro-alloys.com]Although environmental protection inspection went on, the supply of ferronickel rose up due to the resume of production by parts of ferronickel plants. So, the high grade ferronickel price rose up on Wednesday and Thursday. However, as the nickel market went down, the price of 304 series stainless steel dropped down. So, the high grade ferronickel price went down today. The Ni 8%-10% ferronickel mainstream price was 1060-1075 RMB/Nickel. As the price of Coke dropped down, the low grade ferronickel price could not rise. The market kept steady this week. The Ni1.6-1.8% ferronickel mainstream price was between 3750RMB/T and 3850RMB/T.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

3800RMB/tons

3750-3850RMB/tons

Ni 8%-12%

Inner Mongolia

1067.5RMB/nickel point

1060-1075RMB/nickel point

 

  • [Editor:王可]

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