Ferronickel market weekly comment(June 3rd- June 6th) The high grade ferronickel price went down, the price of low grade ferronickel kept steady

  • Thursday, June 6, 2019
  • Source:ferro-alloys.com

  • Keywords:price, went down
[Fellow]Ferronickel market weekly comment(June 3rd- June 6th) The high grade ferronickel price went down, the price of low grade ferronickel kept steady

[ferro-alloys.com]In this week, the stainless steel was in downturn. The demand for stainless steel was insufficient. So, the steel plants were not positive in high grade ferronickel purchase. The bidding price of high grade ferronickel by Qsingshan was 940 RMB/Nickel. It was 20 RMB/Nickel lower than the price on Monday.The Ni 8%-10% ferronickel was quoted at 940-945 RMB/Nickel. The Ni1.6-1.8% ferronickel mainstream price maintained at 3200-3400 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

3350 RMB/tons

3200-3400 RMB/tons

Ni 8%-12%

Inner Mongolia

942.5 RMB/nickel point

940-945 RMB/nickel point

 

  • [Editor:王可]

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