Ferronickel market weekly comment(March 4th- March 8th) The high grade ferronickel price went up , and low grade ferronickel price kept steady

  • Friday, March 8, 2019
  • Source:ferro-alloys.com

  • Keywords:went up, steady
[Fellow]Ferronickel market weekly comment(March 4th- March 8th) The high grade ferronickel price went up , and low grade ferronickel price kept steady

[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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