HSBC said, restricted by the supply, nickel market prediction was seen optimistic. The bank expected that in 2016 the nickel price would increase to USD22000/mt while in 2017 it would decline to USD21000/mt along with the commissioning of the ferronickel proje...

[Ferro-Alloys.com]In recent period, medium carbon 75C2.0 was quoted at RMB8,000-8,100/mt while RMB8,300-8,400/mt for 78C2.0. Meanwhile, 78C1.5 also lingered about RMB8,700-8

[Ferro-Alloys.com]China’s major steel mills, including JISCO, Baosteel and TISCO, released their new tender prices for high-carbon ferrochrome last week, all of which remained the same as the January respectively. However, the tender price of Baosteel would b...

[Ferro-Alloys.com]China’s key stainless steel makers released their new tender prices of high-carbon ferrochrome last week, which remained the same as the previous tender prices respectively. Due to the stabilization of the upstream prices, China’s domestic ...

[Ferro-Alloys.com] In recent period, Chinese imported manganese ore market kept tumbling amid sluggish demand. Australian Mn46 lumps were focused on RMB33-33.5/mtu at northern ports and RMB32-33/mtu at southern ports. As for Mn48 sand ore, it was quoted at RMB...

[Ferro-Alloys.com]Given HBIS already knocked down Feb bidding on manganese alloy, the tendency of future market for alloys seems to become clear.

As the operating rate of high ferronickel was low, the spot supply was not much and it was expected that the high FeNi price did not have large drop space.

This week the medium and high grade nickel ores price stayed stable while the low grade nickel ores futures continued to recover. According to the statistics, on Jan.30th, nickel ores stock declined by 250thousand tons to 19.6million tons