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Ferronickel market weekly comment(April 8th- April 12th) The high grade ferronickel price went down , the price of low grade ferronickel kept steady

Friday, April 12, 2019
Source:ferro-alloys.com

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[Fellow]Ferronickel market weekly comment(April 8th- April 12th) The high grade ferronickel price went down , the price of low grade ferronickel kept steady

[ferro-alloys.com]In this week, the market of stainless steel was still in downturn. The prices of main products fell down. So, the large steel plants were not positive in ferronickel market. Besides, due to fall of LME nickel price, the ferronickel price went down a little in this week. The Ni 8%-10% ferronickel was quoted at 1015-1025 RMB/Nickel. The Ni1.6-1.8% ferronickel mainstream price maintained at 3200-3400 RMB/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%	North Region	3350RMB/tons	3200-3400RMB/tons
Ni 8%-12%	Inner Mongolia	1015RMB/nickel point	1010-1020RMB/nickel point

[Editor:王可]

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