[ferro-alloys.com]Near the end of the year, the stainless steel was in downturn. Some plants halted their production for overhaul. The demand for ferronickel was insufficient. It was not good for ferronickel market. Meanwhile, the purchase price of high grade ferronickel by Taiyuan Iron & Steel was 935-945 RMB/Nickel, it was 35-45 RMB/Nickel higher than the price in last period. After the price was announced, the high grade ferronickel price dropped down in general.The Ni 8%-10% ferronickel mainstream price was 925-940 RMB/Nickel. The Ni1.6-1.8% ferronickel mainstream price was between 3350RMB/T and 3500RMB/T.It was lower than the price last week.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 |
3425RMB/tons |
3350-3500RMB/tons |
Ni 8%-12% |
Inner Mongolia |
930RMB/nickel point |
925-935RMB/nickel point |
- [Editor:王可]
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