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Nickel Ores Continued to Go up for Strong Demand (May19th-May 23rd)

By now the Indonesian policy was still firm. Even though the election in July was one factor for the change, the President of the Chamber of Commerce in Indonesia said the export ban was likely to be abolished.

Monday, May 26, 2014

High FeNi Tender Price Increased while Purchasing Volume down in June-China (May19th-May 23rd)

Steel mills had released the purchasing price, which mainly fluctuated between RMB1, 440-1,450/Ni (delivery price with tax).

Monday, May 26, 2014

Low FeNi Price Increased much for Tight Supply-China

The high FeNi cost and the insufficient supply made many steel mills turn to buy more low ferronickel ore nickel metal.

Thursday, May 22, 2014

[Conference Report] Indonesian Nickel Association Suggest Enterprises Hunting for New Ni Ore Resource and Upgrade the Refined Tech.

On the 11th China Ferro-alloys International Conference, Faisal Emzita, the Executive Director of Indonesian Nickel Association introduced the latest condition of the Indonesian export ban.

Wednesday, May 21, 2014

High FeNi Trading in China Stalemated

In FeNi market, some producers were initiative to sell some products for the tight fund. However, they still quoted firm. For steel mills

Wednesday, May 21, 2014

Downstream Enterprises Faced Converting or Stopping production for High Nickel Cost

Affected by the Indonesian policy, the nickel price had already cumulative gains 50% since early of 2014.The main downstream industry-stainless steel suffered much due to the rising cost.

Wednesday, May 14, 2014

Rising Nickel Price largely Pulled up the SS Cost-China

Affected by the Indonesian policy and the Ukraine situation, the nickel price had already increased by 50% since mid-Mar. This change brought much pressure to the steel mills for the rising cost while the stainless steel price was pulled up.

Tuesday, May 13, 2014

Nickel Ores Price Continued to Go up while Stocks Consumption Rate Slowed down-China (May.5th-May.9th)

This week the nickel ores price continued to go up while the trading volume was little. According to the statistics, the total nickel ores stock at main ports of China was xx million tons, decreasing by XX tons.

Monday, May 12, 2014
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