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Ferronickel market weekly comment(Jan 7th- Jan 11th) The high grade ferronickel price went up this week

  • Friday, January 11, 2019
  • Source:ferro-alloys.com

  • Keywords:went up, price
[Fellow]Ferronickel market weekly comment(Jan 7th- Jan 11th) The high grade ferronickel price went up this week

[ferro-alloys.com]In this week, the stainless steel manufacture was still in downturn, the demand for ferronickel was still restricted in the market. Meanwhile, ferronickel manufacture kept steady. The supply-demand situation remained the same in general. Due to rising of future nickel price, the Ni 8%-10% ferronickel was quoted at 930-950 RMB/Nickel, it increased a little compared to the price last week. The Ni1.6-1.8% ferronickel mainstream price was between 3350RMB/T and 3500RMB/T. It remained the same.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%

North Region

3425RMB/tons

3350-3500RMB/tons

Ni 8%-12%

Inner Mongolia

940RMB/nickel point

930-950RMB/nickel point

 

  • [Editor:王可]

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