[Ferro-Alloys.com]Monday, Dec 29, LME nickel price continued to fall after suspension of Christmas, with an intraday high at 15468 and low at 15035, closing at 15050, down 1.86%.
[Ferro-Alloys.com] Australian Mn46 lumps are currently focused on RMB33-34/mtu at northern ports and RMB32.5-33.5/mtu at southern ports. As for Mn48 sand ore, it is quoted at RMB33.-33.5/mtu in north and RMB32.5-33.5/mt in south.
At the end of Dec., the LME Ni price had already declined for three weeks, which pushed down the ferronickel price. Even though inquires for medium and high grade nickel ores was still active, the offers from buyers decreased. This week the medium and high gra...
The latest high FeNi price of some large steel mills was settled at RMB1090-1120/Ni while some traders offered at RMB1050-1060/Ni (ex-works price).as the nickel price fluctuated largely, the FeNi producers faced high risk while on the whole the medium and high...