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Ferronickel market weekly comment(July 15th- July 19th) The high grade ferronickel price went up largely, the price of low grade ferronickel was stable

Friday, July 19, 2019
Source:ferro-alloys.com

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[Fellow]Ferronickel market weekly comment(July 15th- July 19th) The high grade ferronickel price went up largely, the price of low grade ferronickel was stable

[ferro-alloys.com]In this week, LME nickel price kept on rising. An earthquake broke out in Indonesia. Philippine government would start mining inspection. So, the prices of stainless steel products kept on rising, so did the price of high grade ferronickel. The Ni 8%-10% ferronickel was quoted at 1050-1070 RMB/Nickel. The Ni1.6-1.8% ferronickel mainstream price maintained at 3050-3250 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	3150 RMB/tons	3050-3250 RMB/tons
Ni 8%-12%	Inner Mongolia	1060 RMB/nickel point	1050-1070 RMB/nickel point

[Editor:王可]

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