[Ferro-Alloys.com] According to Djakarta news, an official in Indonesian Mining Ministry claimed that the government plan to build at least 7 new ferronickel smelters in on the basis of finalizing 8 smelters until year-end.

[Ferro-Alloys.com] Recently,Hongwang Group offcials noted that the Shandong project has been preparing intensively and will begain testing in early December, after that the programme will be put into production at year-end with the assistant and cooperate from...

[Ferro-Alloys.com] The original nickel in China tend to shrunk in the future two years when the original nickel in 2015 tend to be 602000 tones, down 13 percent year on year, and it’s anticipated to be 542000 tones in 2016 with a decreas of 10 percent year on...

[Ferro-Alloys.com] As released, in November 11, Hanking Group (03788-HK) announced that it has signed a letter of intent with Anshan Steel on the topic of some corresponding agreements. The Anshan Steel is specialized in metallurgical engineering, real estate,...

[Ferro-Alloys.com] In early November, the ferrous nickel stock in domestic is about to be 270000-280000 tones, which can only feed the domestic steel market for less a month. However, the foreseeing shortage expected to support the nickel price tend to be offs...

[Ferro-Alloys.com] Accoding to foreign news, Morgan Stanley announced that the long-term nickel price expected to be 16,755 USD, down 3 percent.

[Ferro-Alloys.com] In domestic market, low-grade nickel ore 0.9-1.1 traded at 150-170yuan/wt; mid-grade nickel ore 1.5 traded at 240-260yuan/wt; high-grade nickel ore 1.8 traded at 430-450yuan/wt.

[Ferro-Alloys.com] In domestic market, ferrous nickel prices shed pretty much last week, to some extent, accelerated the sector’s reshuffle. Low-grade ferrous nickel 1.6-1.8 dropped 50yuan to 1600-1650yuan/ton; mid-grade ferrous nickel 4-6 traded at 750-760yu...