Ferronickel market weekly comment(November 2nd-November 6th) The price of high grade ferronickel price dropped down in this week

  • Friday, November 6, 2020
  • Source:ferro-alloys.com

  • Keywords:price,dropped down
[Fellow]Ferronickel market weekly comment(November 2nd-November 6th) The price of high grade ferronickel price dropped down in this week

[ferro-alloys.com]Although nickel market rebounded, the stainless-steel market was in downturn. So, the ferronickel price dropped down. The Ni 8%-10% ferronickel was quoted at 1150-1160 RMB/Nickel. The Ni1.6-1.8% ferronickel mainstream price was 3300-3400 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

3350 RMB/tons

3300-3400 RMB/tons

Ni 8%-12%

Inner Mongolia

1175RMB/nickel point

1170-1180 RMB/nickel point

 

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