Low-grade Ferronickel Fell but Purchase Becomes Better (Oct 26th-Oct 30th)

[Ferro-Alloys.com] Last week, domestic low-grade ferrous nickel price tumbled pretty much while mid- and high-grade ferrous nickel held steady. The low-grade ferrous nickel 1.6-1.8 was mainly quoted at 1700-1750yuan/t, down 50yuan/t week over week. Mid-grade f...

Monday, November 2, 2015

Nickel Market Fluctuated Slightly Due to Gold Downturn (Oct 26th-Oct 30th)

[Ferro-Alloys.com] Nickel prices showed a little downturn after a rebound earlier. On Oct. 29, gold and other kinds of metals downturn dragged down the nickel prices, which quoted at $10,335 per metric tone, down 1.94 percent.

Monday, November 2, 2015

Huaze Cobalt & Nickel Net Revenue RMB 96.17-million in the First Three Qs 2015

The well-known nickel producer Huaze Cobalt & Nickel (000693) announced its Quarterly Repert on Wednesday that the firm earns a net revenue of RMB 96.17-million in the first three quarters this year, down 25.28 percent year over year, and adds 0.1769 yuan per ...

Thursday, October 29, 2015

New Caledonia Starts to Export Nickel to China

As reported in 27 October, New Caledonia government has authorized a sole company to export low-grade nickel ore to China. Under the agreement, MKM Corp. will sell 300,000 tones of nickel ore to China in the coming 18 months. New Caledonia accounts for a quart...

Thursday, October 29, 2015

Nickel Asia: 2015 Nickel Export May Reach a Record High

According to World Bank’s latest report, El Nino might bring unfavourable effect on domestic agriculture industry, yet favourable for mining industry. The report suggested that Indonesian nickel miners, generally shut down during the corresponding period, ten...

Wednesday, October 28, 2015

Outlook for Base Metals Industry Remains Negative – Moody’s

Global base metals prices will not change materially over the next 12 to 18 months and could face further downside risk, as prices remain on a downward trend, says ratings agency Moody’s.

Tuesday, October 27, 2015

Philippine Coming Rainy Season Backed Outer Disc Price (Oct 19th-Oct 23rd)

[Ferro-Alloys.com]As the same of last week, low grade nickel ore 0.9-1.1 mainly quoted at 150-170yuan per wet tone, middle grade nickel ore 1.5 mainly quoted at 240-260yuan per wet tone, high grade nickel ore 1.8 mainly quoted at 430-450yuan per wet tone.

Monday, October 26, 2015

Recovered Purchase Prices Spurred the Factories Willingness to Restart (Oct 19th-Oct 23rd)

[Ferro-Alloys.com]During the past seven days, domestic ferronickel market has showed not much change, when low grade ferronickel 1.6-1.8 still mainly quoted at 1770-1820yuan per tone, middle grade ferronickel 4-6 still mainly quoted at 780-790yuan per nickel, ...

Monday, October 26, 2015
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