According to the New Environmental Laws, 57 enterprises in Linyi City, Shandong province were ordered to suspend production for rectification. Up to Mar.4th, of which 9 ferronickel enterprises was included.

In early Mar., the medium and high grade nickel ores of Philippines origin declined by USD1/wet mt as Ni1.5%, Fe25-30% was quoted at USD49-50/wet mt (CIF China), Ni1.6%Fe 20-25% was USD60-61/wet mt, Ni1.8% Fe12-18% was USD81-82/wet mt and Ni0.9%-1.1% Fe:49% wa...

In recent days after the CNY, LME nickel price recovered slightly while the whole trend was still weak. On Feb.26th, LME nickel price closed at USD14395/mt, up by USD450/mt over the previous week. LME nickel stock was 427,596 tones, increasing by 1992tonnes. S...

In recent days, the medium and high grade nickel ores price stayed stable and foreign miners also offered firm. On Feb.27th, nickel ores stock of China was 19.05million tons, rising slightly than last week, which was the first time for nickel ores stock to inc...

During the Spring Festival holidays, LME nickel closing price fell below USD14000/mt while the FeNi and nickel ores price stayed stable. Even though the statutory holiday was over, many factories, steel mills and traders was still on leave and the nickel marke...

After more than half years’ decline, the low grade nickel ores future price dropped to low level in end-Jan. of 2015 and the price was quoted at USD13-15/wet mt(FOB, main ports of Philippines) with dorp rate of 68%

In the six months as of early February 2015, the low grade nickel ores price in Chinese market continued to decline with drop rate of 43%. In mid-Feb., the Ni ore with Ni0.9-1.1%，Fe49% was quoted at RMB210-220/wet mt.

According to the historical data, during 2011 and 2012, the low FeNi price decreased significantly. In half 2 of 2011, the mainstream ex-works price of low FeNi was RMB3600-3700/mt while in the same time of 2012 the price had already dropped to RMB2850-3000/mt...