In recent week, the low FeNi stayed at RMB2650-2700/mt. it was expected that the price would went steady along with the low demand and operating rate. For medium and high FeNi, the price further declined

With regard to the stainless steel series, Cr-Ni(300series) production achieved the fastest growth. In 2014 Cr-Ni stainless steel output amounted to 10.86million tons, rising by 71.9%than that of 2010;

In quarter4 of 2014, the demand of non-ferrous metal industry in China was still weak and so as to the price. From Jan. of 2015, China started implementing the new environmental laws, which would impact the FeNi, Lead and zinc smelting and copper smelting much...

HSBC said, restricted by the supply, nickel market prediction was seen optimistic. The bank expected that in 2016 the nickel price would increase to USD22000/mt while in 2017 it would decline to USD21000/mt along with the commissioning of the ferronickel proje...

As the operating rate of high ferronickel was low, the spot supply was not much and it was expected that the high FeNi price did not have large drop space.

In Jan. 2015, the high ferronickel price declined to RMB1070-1090/Ni from RMB1120-1140/Ni of Dec.2014. Because of the tight supply, the low FeNi price continued to go up. At the end of Jan., 2015, the low FeNi ex-works price reached RMB2650-2700/mt, rising by ...

In recent week, the low FeNi price rose by RMB25-50/mt to RMB2650-2700/mt(ex-works price with tax). The operating rate was still in low level for the strict environmental laws and most of the factories showed that the spot supply was pretty tight. Meanwhile, t...

In 2014, after the export ban of Indonesia was implemented, the international nickel ores price raised much, which had great effect on Chinese FeNi industry. Under this condition, 1% import tax of FeNI was canceled. It was expected that the Initiative would di...