[ferro-alloys.com]ZPSS announced its electrolytic nickle purchase price at 995RMB/nickle. The LME nickle price went down this week. The traders were not positive in the stainless steel market. According to the message from the market,a large steel plant may delay purchase of high grade ferronickle in May which made the price of high grade ferronickle maintain in lower level. As the fall of LME nickle price, the 201 series stainless steel price decreased this week. At present, the product is oversupplied. These factors made the low ferronickle fell down a little. The Ni1.6-1.8% ferronickle mainstream price is between 2900RMB/T and 2950RMB/T. The Ni 8%-10% ferronickle price is 980-990RMB/nickle point.

The following sheet reflect the current ferronickle price during the last few days

• [Editor:王可]