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Weak Demand Weighs on Ferrous Nickel Price (Nov 7th-Nov 11th)

[Ferro-Alloys.com] Ferrous nickel price maintained at a low level, but weak demand makes little transactions in the market. Low-grade ferronickel 1.6-1.8% priced at 1550-1600yuan/t, a decrease of 20yuan/t; mid-grade ferronickel 4-6% priced at 720-730yuan/nicke...

Monday, December 14, 2015

Low Ferrous Nickel Continued to Shed (Nov 30th-Dec 4th)

[Ferro-Alloys.com]During this week, low grade ferrous nickel price continued to loss again. Low-grade ferronickel 1.6-1.8% quoted at 1570-1620yuan/t, down 30yuan/t; mid-grade ferronickel 4-6% quoted at 720-730yuan/nickel; mid-grade ferronickel 6-8% quoted at 7...

Monday, December 7, 2015

Mid- and High-grade Ferrous Nickel Continued to Loss (Nov 23rd-Nov 27th)

[Ferro-Alloys.com] Mid- and high-grade ferrous nickel price continued to loss and low-grade held at steady in the short term. Low-grade ferrous nickel 1.6-1.8% priced at 1600-1650yuan/t; mid-grade ferrous nickel 4-6% quoted at 720-730yuan/ni, shed 10yuan; mid-...

Monday, November 30, 2015

Antam’s Indonesian Ferronickel Project to Finalized in 2018

[Ferro-Alloys.com] Mining giant Antam plans to spend $132.4-million building a power plant to back up a ferrous-nickel processing factory in East Halmahera, which is under construction right now. The plant with a designed power of 80MW is scheduled to start co...

Wednesday, November 25, 2015

Continuous Drop in Ferrous Nickel Market (Nov 16th-Nov 20th)

[Ferro-Alloys.com] Last week, ferrous nickel continued to drop further. Low-grade ferrous nickel 1.6-1.8 traded at 1600-1650yuan/tone; mid-grade ferrous nickel 4-6 quoted at 730-740yuan/tone, down 20yuan weekly; mid-grade ferrous nickel 6-8 quoted at 730-740yu...

Monday, November 23, 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

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

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
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