Ferronickel market weekly comment(March 11th- March 15th) The high grade ferronickel price went down , and low grade ferronickel price kept steady

  • Friday, March 15, 2019
  • Source:ferro-alloys.com

  • Keywords:price, went down, kept steady
[Fellow]Ferronickel market weekly comment(March 11th- March 15th) The high grade ferronickel price went down , and low grade ferronickel price kept steady

[ferro-alloys.com]Recently, due to increased profit, the output of stainless steel reached a high level. The supply of stainless steel was being more and more abundant,and the demand volume decreased. Besides, more and more newly added capacities of ferronickel had been put into production, the demand was not so insufficient as before. So, the price of high grade ferronickel dropped down in this week. The Ni 8%-10% ferronickel was quoted at 1040-1055 RMB/Nickel. The Ni1.6-1.8% ferronickel mainstream price maintained at 3250-3450 RMB/T. The following sheet reflect the current ferronickel price during the last few days.

Ferronickel

Region

Current Price

Scope of quoted Price

Ni 1.5%-1.7%

North Region

3350RMB/tons

3250-3450RMB/tons

Ni 8%-12%

Inner Mongolia

1047.5RMB/nickel point

1040-1055RMB/nickel point

 

  • [Editor:王可]

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