Ferronickel market weekly comment(Mar 9th- Mar 13th) The price of high grade ferronickel price was in lower level in this week

  • Friday, March 13, 2020
  • Source:ferro-alloys.com

  • Keywords:price,lower level
[Fellow]Ferronickel market weekly comment(Mar 9th- Mar 13th) The price of high grade ferronickel price was in lower level in this week

[ferro-alloys.com]Due to Coronavirus, the stainless-steel market was still in downturn. The ferronickel market was also affected. The price was kept in lower level in this week. The Ni 8%-10% ferronickel was quoted at 890-915 RMB/Nickel.The Ni1.6-1.8% ferronickel mainstream price was 3300-3450 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

3375 RMB/tons

3300-3450 RMB/tons

Ni 8%-12%

Inner Mongolia

902.5RMB/nickel point

890-915 RMB/nickel point

 

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