Ferronickel market weekly comment (Oct 22th- Oct 26th) The price of high grade ferronickel went down a little, the low grade ferronickel price kept steady

  • Friday, October 26, 2018
  • Source:ferro-alloys.com

  • Keywords:steady,drop down
[Fellow]Ferronickel market weekly comment (Oct 22th- Oct 26th) The price of high grade ferronickel went down a little, the low grade ferronickel price kept steady

[ferro-alloys.com]In this week, stainless steel market was not well. Both the price of 304 series stainless steel and 201 series stainless steel price dropped down. The traders were not positive in the market. Influenced by environmental protection inspection, the output of ferronickel was restricted. Due to the fall of LME nickel price, high grade ferronickel price dropped down a little. The Ni 8%-10% ferronickel mainstream price was 1060-1075 RMB/Nickel.The price of low grade ferronickel kept steady. The Ni1.6-1.8% ferronickel mainstream price was between 3650RMB/T and 3750RMB/T.The following sheet reflect the current ferronickel price during the last few days.

Ferronickel

Region

Current Price

Scope of quoted Price

Ni 1.5%-1.7%

Shandong

3700RMB/tons

3650-3750RMB/tons

Ni 8%-12%

Inner Mongolia

1067.5RMB/nickel point

1060-1075RMB/nickel point

 

  • [Editor:王可]

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