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[Ferro-Alloys.com]The LME nickel prices continued to fall in this week, which has brought the price back to March this year, with high at $16,645/mt and low at $15,340/mt, closing at $15,695/mt, down 4.42%.

[Ferro-Alloys.com]The ferronickel and electrolytic nickel prices have been increasing since Q2, 2014 thanks to the unrefined ore ban in Indonesia. China’s ferronickel producers lowered their operation rate due to the increasing price for nickel ore and the de...

[Ferro-Alloys.com]This morning (Sept. 22) LME nickel price saw dramatic drop after the death cross , which created a for five-month low at $16,955/t.

[Ferro-Alloys.com]This morning (Sept. 22) LME nickel price saw dramatic drop after the death cross , which created a for five-month low at $16,955/t.

Philippines played a import role in global nickel ores trading. In 2013, global nickel ores exports reached 117.43million tons, of which Philippines’ Ni ores amounted to 46.21million tons, accounting for 39% of the total, closely followed by Indonesia.

In late July, most of the steel mills had pulled up the high FeNi price by RMB10-20/Ni while the suppliers showed different attitude for the situation. Some chose to sell to recover the fund while still some prefer to cooperate with the traders

This week the medium and high grade nickel ores spot prices declined by RMB10/wmt as Nickel ore with Ni 1.6% at RMB620-640/wet mt, Ni1.7% at RMB680-710/wet mt,

In June 2014, China imported 3.66million tons nickel ors, which decreased by 10.03% and 32.43% as compared to that of last month and same period of last year.