[ferro-alloys.com]The stainless steel market was still in downturn this week.The prices of most stainless steel products dropped down continually. Meanwhile, some large steel plants announced that they would halt their production for overhaul. Besides, nickel market was in low level this week. So, high grade ferronickel price kept on dropping this week. The purchase price of high grade ferronickel by Qsingshan was 990 RMB/Nickel this week.It was 10 RMB/T lower than the purchase price last week. The purchase price of high grade ferronickel by Eastern Special Steel was 1000 RMB/Nickel this week.It was lower than the purchase price in last period.The Ni 8%-10% ferronickel mainstream price was 960-980 RMB/Nickel.The price of low grade ferronickel price dropped down this week,too. The Ni1.6-1.8% ferronickel mainstream price was between 3500RMB/T and 3600RMB/T.The following sheet reflect the current ferronickel price during the last few days.

• [Editor:王可]