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Ferronickle Market week comment(Mar 5th to Mar 9th ): the ferronickle price kept steady during the frist few days, and it declined at the end of the week

Friday, March 9, 2018
Source:ferro-alloys.com

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Keywords:Ferronickle

[Fellow]Ferronickle Market week comment(Mar 5th to Mar 9th ): the ferronickle price kept steady during the frist few days, and it declined at the end of the week

[ferro-alloy.com]Some domestic steel plant announced that they would repair their equipment and its production would decline this week. It dampened the enthusiasm of trading. Besides, the increase of stainless steel made the ferronickle went down. As the rainy season ends in Philippine, the supply of the Nickle ore will rise up. It may lead the trading activity positive.

The following sheet reflect the current ferronickle price during the last few days

Ferronickle	Region	Current Price	Scope of quoted Price
Ni 1.5%-1.7%	Shandong	3200 RMB/Nickle point	3100-3200RMB/Nickle point
Ni 8%-12%	Inner Mongolia	975 RMB/Nickle point	995-1010RMB/Nickle point

[Editor:王可]

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