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FeNi Market Conditions and Capacity Release Rate in One Major Producing Area of China

At early of Sept., the operating rate of high Ferronickel in Shandong-one major producing areas of China basically maintained at 30-50% and the ex-works price was RMB1260-1280/Ni. Despite of the poor market condition, even the large manufactures here could not...

Wednesday, September 10, 2014

LME Nickel Price Dropped Back because of the Philippines Mining News

During the second week of Sept., one representative in Philippines suggested to ban the exports of Unprocessed metal ore for improving the added value of ores. The news encouraged the nickel price, which improved by USD1395/mt in four days. However, on Sept., ...

Wednesday, September 10, 2014

Low Grade Ni ores Price Declined further in China (Sept.1st-Sept.5th)

In recent week the medium and high grade nickel ores price basically kept stable while the trading was not well because of the declining FeNi market and the weak demand. Meanwhile, both the spot and futures of low grade Ni ores price went down.

Tuesday, September 9, 2014

LME Ni Price Increased while FeNi Might Hard to go up-China (Sept.1st-Sept.5th)

Now the operating rate in North areas were still not optimistic. in respective of the market prediction, many producers said the FeNi price was hard to go down for high Ni ores cost while it also difficult to increase for the weak demand form stainless steel m...

Tuesday, September 9, 2014

High FeNi Operating Rate in Main Producing Area of China

At early of Sept., in Inner Mongolia-one major producing area of high FeNi in China, the operating rate of high ferronickel was just about 36%. It was acknowledged that the production advantages of FeNi decreased along with the nickel ores supply problems as w...

Friday, September 5, 2014

High FeNi Tender Price at Early Sept. In China

At early of Sept., the purchasing price of high ferronickel in Chinese market was basically at RMB1270-1310/Ni(DDP,by cash ) and the details were listed as below. Baosteel cut down the Sept. purchase price by RMB10 to RMB1270/Ni(DDP,by cash ) ; Taiyuan Iron & ...

Wednesday, September 3, 2014

High FeNi Benchmark Price in Sep.. Declined-China (Aug.25th-Aug..29th)

In total, the operating rate in South areas were better than that of north areas. Even though the capacity release rate recovered slightly, the production were still highly restricted by the nickel ores supply and the poor market. In Shandong province, the str...

Monday, September 1, 2014

Medium and High Grade Nickel Ores Price Failed to Rise Due to Down Stream Depression (Aug 25th,2014-Aug 29th, 2014)

Futures price of low-grade nickel ore falls by around USD4.00 this week. Currently, futures price for nickel ore (Fe50%, water33%) is quoted at USD27-29/wet mt, nickel ore (Fe49%, water33%) at USD26-28/wet mt, and nickel ore (Fe48%, water33%) at USD25-27/wet m...

Monday, September 1, 2014
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