Ferronickel market weekly comment(August 6th - August 10th ) : the prices of high ferronickel was not steady, and the low grade ferronickel went down

  • Friday, August 10, 2018
  • Source:ferro-alloys.com

  • Keywords:price, not steady
[Fellow]Ferronickel market weekly comment(August 6th - August 10th ) : the prices of high ferronickel was not steady, and the low grade ferronickel went down

[ferro-alloys.com]In this week, the output of ferronickel was still restricted. The supply was insufficient in the market. It was off season in stainless steel market. As LME nickel price and Shanghai Future nickel price varied, the relevant products price went up and down, such as stainless steel and ferronickel. Compared to the price last week, the high grade ferronickel price went down a little in Inner Mongolia, the prices in Jiangsu, Shandong rose up a little, and the low grade ferronickel price decreased.The Ni1.6-1.8% ferronickel mainstream price was between 3250RMB/T and 3350RMB/T. The Ni 8%-10% ferronickel price was 1065-1090RMB/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

3300RMB/tons

3250-3350RMB/tons

Ni 8%-12%

Inner Mongolia

1077.5RMB/nickel point

1065-1090RMB/nickel point

 

  • [Editor:王可]

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