[ferro-alloys.com]The second round environmental protection inspection started nationwide. The traders were worried about the output of the ferronickel. It was beneficial for the ferronickel market. In this week, people were active in high grade ferronickel deals. Taiyuan Steel entered into the market for high grade ferronickel purchase. Their bidding price was 1095 RMB/Nickel. It was 30 RMB/Nickel higher than the bidding price in the first round. Meanwhile, Dingxin Nickel’s purchase price was 1130-1140 RMB/Nickel, and the latest purchase price of ZPSS was 1120 RMB/Nickel. They were both higher than the prices last week. Influenced by environmental protection inspection, the low grade ferronickel price rose up this week.The Ni1.6-1.8% ferronickel mainstream price was between 3400RMB/T and 3500RMB/T. The Ni 8%-10% ferronickel price was 1085-1100RMB/nickel point.

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

• [Editor:王可]