[ferro-alloys.com]The stainless steel market went up and down this week. In early period, the price kept on rising. In later period, due to fall of LME nickel price, the price of stainless steel started to drop down. Although it was said that newly added ferronickel capabilities had started their productions, the supply of ferronickel was still insufficient in general. So, the price of high grade ferronickel kept on rising. The Ni 8%-10% ferronickel was quoted at 1055-1075 RMB/Nickel. The Ni1.6-1.8% ferronickel mainstream price maintained at 3250-3400 RMB/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 |
3325RMB/tons |
3250-3400RMB/tons |
Ni 8%-12% |
Inner Mongolia |
1005RMB/nickel point |
1055-1075RMB/nickel point |
- [Editor:王可]
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