In recent week, the nickel ores purchase was still active in Chinese market. The medium and high grade nickel ores price further increased along with the decreasing stock.

This week the chrome ores spot price remained stable while considering the tight fund at the end of the year, the FeCr producers preferred to buy the futures materials and tried to pressure on the spot price

This week the medium and high FeNi prices stayed firm, which had no changes compared with last week. Specifically, FeNi with (Ni 4-6%) was quoted at RMB1150-1160/Ni, ferronickel (Ni 6-8%) at RMB1140-1150/Ni and ferronickel (Ni 10-15%) at RMB1140-1150/Ni.

[Ferro-Alloys.com]The LME nickel price rose last Friday, Dec 12, creating an intraday high at 16725 with a low at 16228, closing at 16675, up 2.76% all day.

According to the investigation of www.ferro-alloys.com, Chinese core wire market was still in downturn last week. In Henan province,

Silicon metal price was weak in the second week of December in China.

In the second week of December, calcium silicon market was unchanged in China.

Ferro-Alloys.com] Silicon manganese 6517 is currently pricing at RMB5,900-6,100/mt and RMB5,300-5,400/mt for 6014. High carbon ferromanganese 65 is now concentrating on 5,300-5,400/mt.