[ferro-alloys.com][ferro-alloys.com]In this week, the LME nickle price went down in general, the future nickle prices were not steady in Shanghai Future Exchange. The governmental inspection group went on their work in ferronickle production areas. The output of ferronickle was still insufficient. At present, the traders were not positive in the stainless steel market. What’s more, the bidding price of ferronickle purchase has not been announced at present. Most of traders just observed the market situation this week. On Monday,the traders were worried about th shortage of ferronickle supply in the market, the ferronickle price went up a little. In general, the ferronickle price kept steady.The Ni1.6-1.8% ferronickle mainstream price is between 3350RMB/T and 3450RMB/T. The Ni 8%-10% ferronickle price is 1070-1090RMB/nickle point.

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

• [Editor:王可]