The excessive spot supply of ferrosilicon not only caused continuous decline of market prices, but also facilitated the procurement and the progress of steel mills.
Affected by the rainy season in Philippine as well as the Indonesian policy, the low grade nickel ores prices in both spot and future market fluctuated significantly in H1 of 2014. In H2, along with the downturn international nickel price, the low grade nickel...
[Ferro-Alloys.com]LME nickel remained stable on Tuesday, 2 Dec, with a high at 16350 and a low at 16123, closing at 16300. The price almost remained unchanged. The LME nickel stock continued to rise, which has reached 405,570 tonnes on 2 Dec.
In the first 11 months, the low ferronickel price fluctuated considerably. in mid-2014, the low FeNi(Ni1.6-1.8%)ex-works price was reached RMB3600/mt, while in early 2014, the price was just RMB2600/mt. In the second half year, the nickel price continued to ...