Ferronickel market weekly comment(August 24th-August 28th) The price of high grade ferronickel price went up in this week

  • Friday, August 28, 2020
  • Source:ferro-alloys.com

  • Keywords:price, went up
[Fellow]Ferronickel market weekly comment(August 24th-August 28th) The price of high grade ferronickel price went up in this week

[ferro-alloys.com]This week, both the stainless-steel market and nickel market were in upturn. So, the ferronickel went up in this week. The Ni 8%-10% ferronickel was quoted at 1100-1110 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

1105RMB/nickel point

1100-1110 RMB/nickel point

 

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