Ferronickel market weekly comment(March 25th- March 29th) The high grade ferronickel price went down , and low grade ferronickel price kept steady

  • Friday, March 29, 2019
  • Source:ferro-alloys.com

  • Keywords:went down,price
[Fellow]Ferronickel market weekly comment(March 25th- March 29th) The high grade ferronickel price went down , and low grade ferronickel price kept steady

[ferro-alloys.com]In this week, the stainless steel market was in downturn. The product price kept on dropping. Besides, more and more ferronickel capacities was put into production, the supply volume increased gradually. So, the price of high grade ferronickel went down further. The Ni 8%-10% ferronickel was quoted at 1030-1040 RMB/Nickel. The Ni1.6-1.8% ferronickel mainstream price maintained at 3250-3450 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

3350RMB/tons

3250-3450RMB/tons

Ni 8%-12%

Inner Mongolia

1035RMB/nickel point

1030-1040RMB/nickel point

 

  • [Editor:王可]

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