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Ferronickel market weekly comment(July 8th- July 12th) The high grade ferronickel price kept on rising, the price of low grade ferronickel went down a little

  • Friday, July 12, 2019
  • Source:ferro-alloys.com

  • Keywords:price, rise,went down
[Fellow]Ferronickel market weekly comment(July 8th- July 12th) The high grade ferronickel price kept on rising, the price of low grade ferronickel went down a little

[ferro-alloys.com]In early period of this week, the stainless steel was stable, so was the ferronickel market. As LME nickel price rose, the price of stainless steel went up. Relatively, the price of ferronickel rose up. The price of high grade ferronickel went up largely, and the price of low grade ferronickel dropped down a little in this week. The Ni 8%-10% ferronickel was quoted at 960-985 RMB/Nickel. The Ni1.6-1.8% ferronickel mainstream price maintained at 3050-3250 RMB/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

3150 RMB/tons

3050-3250 RMB/tons

Ni 8%-12%

Inner Mongolia

960-980 RMB/nickel point

960-980 RMB/nickel point

 

  • [Editor:王可]

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