Ferronickel market weekly comment (Nov 26th- Nov 30th) The price of high ferronickel went down this week, and low grade ferronickel price kept steady.

  • Friday, November 30, 2018
  • Source:ferro-alloys.com

  • Keywords:went down,price
[Fellow]Ferronickel market weekly comment (Nov 26th- Nov 30th) The price of high ferronickel went down this week, and low grade ferronickel price kept steady.

[ferro-alloys.com]The stainless steel market was still in downturn this week.The prices of most stainless steel products dropped down continually. Meanwhile, some large steel plants would halt their production for overhaul.It influenced the demand for high grade ferronickel. So, high grade ferronickel price dropped down this week. The purchase price of high grade ferronickel by Taiyuan Steel was 980 RMB/Nickel this week.It was 40-50 RMB/Nickel lower than the purchase price in last period. The purchase price of high grade ferronickel by ZPSS was 950 RMB/Nickel this week.It was 20 RMB/Nickel lower than the purchase price last week.The Ni 8%-10% ferronickel mainstream price was 940-960 RMB/Nickel.The price of low grade ferronickel price kept steady this week. The Ni1.6-1.8% ferronickel mainstream price was between 3500RMB/T and 3600RMB/T.The following sheet reflect the current ferronickel price during the last few days.

Ferronickel

Region

Current Price

Scope of quoted Price

Ni 1.5%-1.7%

North Region

3550RMB/tons

3500-3600RMB/tons

Ni 8%-12%

Inner Mongolia

950RMB/nickel point

940-960RMB/nickel point

 

  • [Editor:王可]

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