Tracking a firm trend overseas, copper and nickel strengthened by Rs 5 per kg at the local non-ferrous metal market today.

[Ferro-Alloys.com]Price for LME nickel declined sharply after seeing a 25% rebound from 7,550 to 9,480 from Feb 12 to Mar 7. The price is currently fluctuating around the 100-day MA.

[www.ferro-alloys.com] This week, nickel ore demand remains weak and small quantity has been actually traded. Low grade (0.9-1.1) was mainly quoted at 120CNY and 17USD per ton in home and outer market, respectively. Medium grade (1.5) was mainly quoted at 200C...

[www.ferro-alloys.com] This week, Fe-Ni shows not too much changes. Low grade (1.6-1.8) was mainly quoted at 1670CNY per ton. Medium grade (4-6) was mainly quoted at 710CNY per ton as (6-8) was quoted at the same price. High grade (10-15) was mainly quoted at ...

[www.ferro-alloys.com] Since mid February, nickel price London Metal Exchange (LME) has shown an optimistic and positive trend. From Feb 12nd to Mar 3rd, nickel price has advanced from $7750 to $8990. The dynamic mentioned above continued during last week mate...

This week, in domestic market, low-grade nickel ore 0.9-1.1 was quoted at 120yuan. Middle-grade nickel ore 1.5 was quoted at about 200yuan. High-grade nickel ore 1.8 was quoted at 310yuan. In international market, low-grade nickel ore was quoted at about 17 do...

This week, ferronickel price held at steady. Low-grade ferronickel 1.6-2.0 was quoted at 1650-1670. Middle-grade ferronickel 4-6 was quoted at 710-720. Middle-grade ferronickel 6-8 was quoted at 710-720. High-grade ferronickel was quoted at 700-710.

This week, nickel price rebounded a little which mostly digested the downturns in Chinese New Year. And nickel stock in LME has also shed several thousand tons.