[ferro-alloys.com]The stainless steel market was in downturn. The trading volume was insufficient. Besides, some steel plants would halt their production for overhaul. Both supply and demand was in lower level in nickel market. Meanwhile, the import volume of ferronickel from Indonesia was increasing, and the domestic ferronickel plant did not decrease. The bidding price of high grade ferronickel by ZPSS was 955 RMB/Nickel this week.It was 5 RMB/Nickel lower than the purchase price last week. The price of ferronickel kept steady this week.The Ni 8%-10% ferronickel mainstream price was 925-940 RMB/Nickel.The price of low grade ferronickel price kept steady this week. The Ni1.6-1.8% ferronickel mainstream price was between 3450RMB/T and 3600RMB/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 |
3525RMB/tons |
3450-3600RMB/tons |
Ni 8%-12% |
Inner Mongolia |
932.5RMB/nickel point |
925-940RMB/nickel point |
- [Editor:王可]
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