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Ferronickel market weekly comment(Feb 17th- Feb 21st) The price of high grade ferronickel price was in lower level in this week

Friday, February 21, 2020
Source:ferro-alloys.com

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[Fellow]Ferronickel market weekly comment(Feb 17th- Feb 21st) The price of high grade ferronickel price was in lower level in this week

[ferro-alloys.com]Due to Coronavirus, the stainless-steel market was still in downturn. The ferronickel market was also affected. It remained in lower level. 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	965 RMB/nickel point	960-970 RMB/nickel point

[Editor:王可]

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