Ferronickel market weekly comment(June 10th- June 14th) The high grade ferronickel price went up a little, the price of low grade ferronickel kept steady

  • Friday, June 14, 2019
  • Source:ferro-alloys.com

  • Keywords:price, went up
[Fellow]Ferronickel market weekly comment(June 10th- June 14th) The high grade ferronickel price went up a little, 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.On Monday, the high grade ferronickel price went up a little. For rest of the time in this week, the ferronickel price was stable. The Ni 8%-10% ferronickel was quoted at 940-950 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

945 RMB/nickel point

940-950 RMB/nickel point

 

  • [Editor:王可]

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