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Ferronickel market weekly comment(Dec 2nd- Dec 6th) The price of high grade ferronickel price dropped down largely in this week

Friday, December 6, 2019
Source:ferro-alloys.com

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[Fellow]Ferronickel market weekly comment(Dec 2nd- Dec 6th) The price of high grade ferronickel price dropped down largely in this week

[ferro-alloys.com]Due to fall of global nickel market, the stainless steel was still in downturn. The demand for ferronickel was insufficient. Some large steel plant had decreased their bidding price. The price of high grade ferronickel went down largely.The Ni 8%-10% ferronickel was quoted at 960-970 RMB/Nickel. The Ni1.6-1.8% ferronickel mainstream price was 3300-3450 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	3375 RMB/tons	3300-3450 RMB/tons
Ni 8%-12%	Inner Mongolia	965 RMB/nickel point	960-970 RMB/nickel point

[Editor:王可]

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