Ferronickel market weekly comment (Dec 3rd- Dec 7th) The price of ferronickel kept steady in this week

  • Friday, December 7, 2018
  • Source:ferro-alloys.com

  • Keywords:price, steady
[Fellow]Ferronickel market weekly comment (Dec 3rd- Dec 7th) The price of ferronickel kept steady in this week

[ferro-alloys.com]The stainless steel market was in downturn. The trading volume was insufficient. Besides, some steel plants would halt their production for overhaul. Both supply and demand was in lower level in nickel market. The bidding price of high grade ferronickel by ZPSS was 960 RMB/Nickel this week.It was 5 RMB/Nickel lower than the purchase price last week. The price of ferronickel kept steady this week.The Ni 8%-10% ferronickel mainstream price was 940-960 RMB/Nickel.The price of low grade ferronickel price kept steady this week. The Ni1.6-1.8% ferronickel mainstream price was between 3500RMB/T and 3600RMB/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%

North Region

3550RMB/tons

3500-3600RMB/tons

Ni 8%-12%

Inner Mongolia

950RMB/nickel point

940-960RMB/nickel point

 

  • [Editor:王可]

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