Outer Disc Nickel Ore Price Down while Domestic Keep Steady (Nov 23rd-Nov 27th)

[Ferro-Alloys.com] Domestic nickel ore price held at steady while outer disc ore shed a little. In home market, low-grade nickel ore 0.9-1.1% quoted at 140-160yuan/wt; mid-grade nickel ore 1.5% priced at 240-260yuan/wt; high-grade nickel ore 1.8% traded at 400...

Monday, November 30, 2015

Mid- and High-grade Ferrous Nickel Continued to Loss (Nov 23rd-Nov 27th)

[Ferro-Alloys.com] Mid- and high-grade ferrous nickel price continued to loss and low-grade held at steady in the short term. Low-grade ferrous nickel 1.6-1.8% priced at 1600-1650yuan/t; mid-grade ferrous nickel 4-6% quoted at 720-730yuan/ni, shed 10yuan; mid-...

Monday, November 30, 2015

Short-sellers Hit Nickel Price (Nov 23rd-Nov 27th)

[Ferro-Alloys.com] Nickel price fluctuated sharply when short sellers shorted nickel stocks. In November 23, London nickel price closed at 8205 dollars, a decrease of 5.25 percent. In November 24, London nickel price closed at 8790 dollars, an increase of 7.13...

Monday, November 30, 2015

Antam’s Indonesian Ferronickel Project to Finalized in 2018

[Ferro-Alloys.com] Mining giant Antam plans to spend $132.4-million building a power plant to back up a ferrous-nickel processing factory in East Halmahera, which is under construction right now. The plant with a designed power of 80MW is scheduled to start co...

Wednesday, November 25, 2015

Domestic Nickel Ore Price (Nov 16th-Nov 20th)

[Ferro-Alloys.com] Last week, domestic nickel ore price was dragged down by downstream market’s weakness. Low-grade nickel ore 0.9-1.1% quoted at 140-160yuan/wet tone, down 10yuan weekly; mid-grade nickel ore 1.6% quoted at 280-300yuan/wet tone, down 10yuan/w...

Monday, November 23, 2015

Continuous Drop in Ferrous Nickel Market (Nov 16th-Nov 20th)

[Ferro-Alloys.com] Last week, ferrous nickel continued to drop further. Low-grade ferrous nickel 1.6-1.8 traded at 1600-1650yuan/tone; mid-grade ferrous nickel 4-6 quoted at 730-740yuan/tone, down 20yuan weekly; mid-grade ferrous nickel 6-8 quoted at 730-740yu...

Monday, November 23, 2015

Nickel Price Back to Dropping (Nov 16th-Nov 20th)

[Ferro-Alloys.com] Last week, LME nickel price continued to loss further. In November 19, London nickel price closed at 8950USD, meaning that the 8000+ new period is beginning. Since October 28, nickel market experienced a continuous downturn and end up with 1...

Monday, November 23, 2015

Western Areas Power Restored

[Ferro-Alloys.com] Grid power has been restored to nickel miner Western Areas’ Forrestania operations, in Western Australia. The Forrestania operations temporarily lost power following a regional bushfire some 35 km to the north of the mine site. Western Area...

Thursday, November 19, 2015
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