[www.ferro-alloys.com] Last week low-grade ferronickel 1.6-1.8% quoted at 1630-1650yuan; mid-grade ferronickel 4-6% quoted at 700-710yuan and 6-8% quoted at 680-690yuan; high-grade ferronickel 10-12 quoted at 690-700yuan.

Most Indonesian ferronickel projects dominated by Chinese investors, originally scheduled to put into production in late 2015 or early 2016, have been postponed and only a small part of them are providing ferronickel products to domestic steel makers, for instance, like Tsingshan Steel and Zhenshi Steel. Also some Indonesian companies such as Indoferro and Morden Group have already exported nickel alloys to Chinese market.

• [Editor:Juan]