Ferronickel market weekly comment(May 25th-May 29th) The price of high grade ferronickel price rose up a little in this week

  • Friday, May 29, 2020
  • Source:ferro-alloys.com

  • Keywords:price,dropped down
[Fellow]Ferronickel market weekly comment(May 25th-May 29th) The price of high grade ferronickel price rose up a little in this week

[ferro-alloys.com]In this week, the stainless-steel market was in downturn. In most of this week, the market of high-grade ferronickel was stable. However, the price rose up a little today. The Ni 8%-10% ferronickel was quoted at 960-995 RMB/Nickel. The Ni1.6-1.8% ferronickel mainstream price was 3300-3450 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

3375 RMB/tons

3300-3450 RMB/tons

Ni 8%-12%

Inner Mongolia

977.5 RMB/nickel point

960-995 RMB/nickel point

 

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