Ferronickel market weekly comment(Jan 2nd- Jan 4th) The ferronickel price steady this week

  • Friday, January 4, 2019
  • Source:ferro-alloys.com

  • Keywords:kept steady
[Fellow]Ferronickel market weekly comment(Jan 2nd- Jan 4th) The ferronickel price steady this week

[ferro-alloys.com]In this week, some plants announced their schedules of their overhauls. The demands for ferronickel decreased. Besides, some plants like Qsingshan who had stainless steel project in Indonesia had started their production, their supply volume of indonesian ferronickel decreased in domestic market. Both demand volume and supply volume decreased. So, the ferronickel market kept steady in this week. The Ni 8%-10% ferronickel mainstream price was 925-940 RMB/Nickel. The Ni1.6-1.8% ferronickel mainstream price was between 3350RMB/T and 3500RMB/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

3425RMB/tons

3350-3500RMB/tons

Ni 8%-12%

Inner Mongolia

930RMB/nickel point

925-935RMB/nickel point

 

  • [Editor:王可]

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