Under the poor market condition of FeNi, the discontinued enterprises were reluctant to recover the production. Adding to the strict environmental inspection, the operation of ferronickel was low. Under this condition, the weak nickel ores demand made its pric...
It was acknowledged that in end of Mar., 2015, the mainstream purchasing price of high FeNi of steel mills maintained at RMB1030/Ni (delivery price with tax). One Chinese FeNi producer said, now its production was normal while they chose not the sell now for t...
Even though the low FeNi operating rate in China decreased, the supply was not tight. Adding to the falling price of low grade nickel ores, the low FeNi Price declined to RMB2550-2600/mt, RMB50/mt lower compared with last week.
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