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Ferronickel market weekly comment (Oct 15th- Oct 19th) The price of high grade ferronickel went down a little, and so did the low grade ferronickel price

  • Friday, October 19, 2018
  • Source:ferro-alloys.com

  • Keywords:went down a little
[Fellow]Ferronickel market weekly comment (Oct 15th- Oct 19th) The price of high grade ferronickel went down a little, and so did the low grade ferronickel price

[ferro-alloys.com]This week, LME nickel price dropped down. It affected stainless steel market. The 304 series stainless steel price dropped down, so did the price of 201 series stainless steel price. Relatively, both high grade ferronickel price and low grade ferronickel price went down a little compared to the prices on last week. The bidding price of high grade ferronickel by ZPSS was 1090 RMB/Nickel, it was 10 RMB/Nickel lower than the price last week. The bidding price by Eastern Steel was 1100 RMB/Nickel, it was as the same as the price last week. The bidding price by Fujian Dingxin was 1100-1110 RMB/Nickel, it was the same as the price on last week. The Ni 8%-10% ferronickel mainstream price was 1060-1080 RMB/Nickel.The Ni1.6-1.8% ferronickel mainstream price was between 3650RMB/T and 3750RMB/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

3700RMB/tons

3650-3750RMB/tons

Ni 8%-12%

Inner Mongolia

1070RMB/nickel point

1060-1080RMB/nickel point

 

  • [Editor:王可]

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