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Nickel Price Back to Dropping (Nov 16th-Nov 20th)

[Ferro-Alloys.com] Last week, LME nickel price continued to loss further. In November 19, London nickel price closed at 8950USD, meaning that the 8000+ new period is beginning. Since October 28, nickel market experienced a continuous downturn and end up with 1...

Monday, November 23, 2015

Western Areas Power Restored

[Ferro-Alloys.com] Grid power has been restored to nickel miner Western Areas’ Forrestania operations, in Western Australia. The Forrestania operations temporarily lost power following a regional bushfire some 35 km to the north of the mine site. Western Area...

Thursday, November 19, 2015

At Least 7 Ferronickel Smelters to Built in Indonesia 2016

[Ferro-Alloys.com] According to Djakarta news, an official in Indonesian Mining Ministry claimed that the government plan to build at least 7 new ferronickel smelters in on the basis of finalizing 8 smelters until year-end.

Thursday, November 19, 2015

Hongwang Will Put a Nickel-based Composites Operation into production at Year-end

[Ferro-Alloys.com] Recently,Hongwang Group offcials noted that the Shandong project has been preparing intensively and will begain testing in early December, after that the programme will be put into production at year-end with the assistant and cooperate from...

Wednesday, November 18, 2015

2015 Chinese Original Nickel Output May Drop by 13% Y-O-Y

[Ferro-Alloys.com] The original nickel in China tend to shrunk in the future two years when the original nickel in 2015 tend to be 602000 tones, down 13 percent year on year, and it’s anticipated to be 542000 tones in 2016 with a decreas of 10 percent year on...

Tuesday, November 17, 2015

Hanking Group Signs Cooperate Letter with Anshan Steel

[Ferro-Alloys.com] As released, in November 11, Hanking Group (03788-HK) announced that it has signed a letter of intent with Anshan Steel on the topic of some corresponding agreements. The Anshan Steel is specialized in metallurgical engineering, real estate,...

Tuesday, November 17, 2015

Sluggish Stainless Steel Weigh on FerroNickel Price

[Ferro-Alloys.com] In early November, the ferrous nickel stock in domestic is about to be 270000-280000 tones, which can only feed the domestic steel market for less a month. However, the foreseeing shortage expected to support the nickel price tend to be offs...

Tuesday, November 17, 2015

Morgan Stanley Lower the Long-term Nickel Price by 3%

[Ferro-Alloys.com] Accoding to foreign news, Morgan Stanley announced that the long-term nickel price expected to be 16,755 USD, down 3 percent.

Tuesday, November 17, 2015
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