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Ferronickel market weekly comment (Sep 17th- Sep 21st) The price of high grade ferronickel went up and down, and low grade ferronickel price rose up a little

  • Friday, September 21, 2018
  • Source:ferro-alloys.com

  • Keywords:went up and down, rose up
[Fellow]Ferronickel market weekly comment (Sep 17th- Sep 21st) The price of high grade ferronickel went up and down, and low grade ferronickel price rose up a little

[ferro-alloys.com]This week, affected by 2nd round environmental protection inspection, high grade ferronickel output was restricted, and the supply was insufficient in the market.The trading volume was not large in the stainless steel market this week, so there was not a great demand for ferronickel. Affected by global nickel market trend, high grade ferronickel price went up and down. The bidding price of high grade ferronickel purchase by ZPSS was 1080 RMB/Nickel this week. It was the same as the price last week. On Monday, low grade ferronickel price went up a little. For the rest of the time, the price kept on steady.The Ni1.6-1.8% ferronickel mainstream price was between 3650RMB/T and 3750RMB/T. The Ni 8%-10% ferronickel price was 1050-1070RMB/nickel point.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%

Shandong

3700RMB/tons

3700-3800RMB/tons

Ni 8%-12%

Inner Mongolia

1067.5RMB/nickel point

1060-1075RMB/nickel point

 

  • [Editor:王可]

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