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Ferronickel market weekly comment(Jan 28st- Feb 1st) The high grade ferronickel price went up , and low grade ferronickel price kept steady

Friday, February 1, 2019
Source:ferro-alloys.com

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[Fellow]Ferronickel market weekly comment(Jan 28st- Feb 1st) The high grade ferronickel price went up , and low grade ferronickel price kept steady

[ferro-alloys.com]The Spring Festival was coming soon, the trading volume of stainless steel was less than ever. However, the nickel price was in high level this week, and 304 series stainless steel price went up, Meanwhile, the price of high grade ferronickel went up.The Ni 8%-10% ferronickel was quoted at 970-990 RMB/Nickel. The Ni1.6-1.8% ferronickel mainstream price was between 3250RMB/T and 3450RMB/T. It was the same as the price last week.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	3350RMB/tons	3250-3450RMB/tons
Ni 8%-12%	Inner Mongolia	980RMB/nickel point	970-990RMB/nickel point

[Editor:王可]

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