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Ferronickel market weekly comment(Dec 16th- Dec 20th) The price of high grade ferronickel price went up in this week

  • Friday, December 20, 2019
  • Source:ferro-alloys.com

  • Keywords:price, rise
[Fellow]Ferronickel market weekly comment(Dec 16th- Dec 20th) The price of high grade ferronickel price went up in this week

[ferro-alloys.com]The stainless steel was still in downturn. Due to rising of LME nickel price, some steel plant purchased high-grade ferronickel at higher price. The mainstream price of ferronickel rose up. The Ni 8%-10% ferronickel was quoted at 1000-1020 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

1010 RMB/nickel point

1000-1020 RMB/nickel point

 

  • [Editor:王可]

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