Ferronickel market weekly comment(September 7th-September 11th) The price of high grade ferronickel price went up in this week

  • Friday, September 11, 2020
  • Source:ferro-alloys.com

  • Keywords:price, went up
[Fellow]Ferronickel market weekly comment(September 7th-September 11th) The price of high grade ferronickel price went up in this week

[ferro-alloys.com]In early period of this week, the ferronickel price kept on rising. However, the stainless-steel market was in downturn, and Indonesian ferronickel output increased, so the ferronickel price could not rise up. Instead, the ferronickel price dropped down today. The Ni 8%-10% ferronickel was quoted at 1155-1160 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

1157.5RMB/nickel point

1155-1160 RMB/nickel point

 

  • [Editor:王可]

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