[Ferro-Alloys.com]LME nickel price reached a high at 17140 on Dec 5, but the price dipped after hitting a new high at 17200 in the following day, which made the price fail in its try of breaking 17000 level.

[Ferro-Alloys.com]In recent period, silicon manganese 6014 in China still kept at low level. Domestic traders are generally believed that the poor performance of 6014 would be hard to change during December

[Ferro-Alloys.com]Chinese FeMo price kept steady, but the tender price of steel mills maintained low level.

[Ferro-Alloys.com]Overseas moly oxide transaction price dropped to USD8.85/lbMo, but deals were limited.

[Ferro-Alloys.com]Though most ferrochrome producers has resumed their production gradually. The producers haven’t increased their purchase amount for chrome ores, because the plants were using the stock, adding the low production rate in southern China,

[Ferro-Alloys.com]Most ferrochrome producers in Inner Mongolia have resumed their high carbon ferrochrome production, but the less-than-expected output of high carbon ferrochrome impacted by the arrival of winter has made the supply remain a little tight, addi...

Now other steel mills and the traders were cautious for the purchase. However, as the price weathervane of FeNi, Tesco’s tender price in Dec. would further stimulate the market. What’s more, the international nickel price rose well, which had broken through ...

According to the statistics, On Dec.5th, total nickel ores stock decreased by450thousand tons to 22.65 million tons. The rising FeNi price and the decreasing stock would continue to support the medium and high grade nickel ores price to go up.