[ferro-alloys.com]According to the files published by the State Council, the environmental protection inspection would be normalized. So, the output of ferronickel will be limited for a long period, and the supply will not reach the market expection. At present, the use ratio of steel scrap is higher, and the demand for ferronickel was resticted in the market. What’s more, the trading amount of stainless steel was not large, and the price was not steady due to the LME nickel price trend this week. The price of high grade ferronickel was affected. In general, the price was lower than the price on last week.The purchase price for high grade ferronickel by Taiyuan Iron & Steel was 1065RMB/Nickel. The Ni1.6-1.8% ferronickel mainstream price was between 3400RMB/T and 3500RMB/T. The Ni 8%-10% ferronickel price was 1070-1090RMB/nickel point.

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

• [Editor:王可]