[ferro-alloys.com]The stainless steel market was still in downturn this week. It was said that Shandong Xinhai would resume its production，and some domestic steel plants plan to start their ferronickel production in Indonesia and resell their products back to domestic market. Meanwhile, nickel market was in low level this week. So, high grade ferronickel price kept on dropping this week. The purchase price of high grade ferronickel by Qsingshan was 1020 RMB/Nickel this week.The Ni 8%-10% ferronickel mainstream price was 1000-1020 RMB/Nickel. The Ni1.6-1.8% ferronickel mainstream price was between 3550RMB/T and 3650RMB/T.The following sheet reflect the current ferronickel price during the last few days.

• [Editor:王可]