Ferronickle market weekly comment(June 11th-June 15th): the price of ferronickle kept steady in general this week

  • Friday, June 15, 2018
  • Source:ferro-alloys.com

  • Keywords:ferronickle
[Fellow]Ferronickle market weekly comment(June 11th-June 15th): the price of ferronickle kept steady in general this week

[ferro-alloys.com]This week, LME nickle price went up and down, so did the electrolytic nickle price. Shanghai Cooperation Organization Conference had ended.Parts of ferronickle plant had resumed their productions. However, the governmental inspection group went on their works for environmental protection. The output of ferronickle was still insufficient in general. Besides, most of the time,the stainless steel products prices declined this week.The market was lack of demand. These factors made the ferronickle price kept steady.At present, The Ni1.6-1.8% ferronickle mainstream price is between 3300RMB/T and 3400RMB/T. The Ni 8%-10% ferronickle price is 1060-1075RMB/nickle point.  

The following sheet reflect the current ferronickle price during the last few days

Ferronickle

Region

Current Price

Scope of quoted Price

Ni 1.5%-1.7%

Shandong

3350RMB/Nickle point

3300-3400RMB/Nickle point

Ni 8%-12%

Inner Mongolia

1067.5RMB/Nickle point

1060-1075RMB/Nickle point

 

  • [Editor:王可]

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