In the first 11 months, the low ferronickel price fluctuated considerably. in mid-2014, the low FeNi(Ni1.6-1.8%)ex-works price was reached RMB3600/mt, while in early 2014, the price was just RMB2600/mt. In the second half year, the nickel price continued to ...
Expect for the upward nickel price in international market, the declining output in Inner Mongolia and Shandong provinces also provide support for the rise of FeNi price. At the end of Nov., the benchmark price of stainless steel was RMB1050-1090/Ni (delivery ...
According to the latest statistics, China imported 30714tons ferronickel in Oct., 2014, which increased by 45% compared with that of last year, recording the highest monthly point since Aug., 2009,
In recent years, the nickel metal production in China continued to improve. In 2013, total nickel metal output of China accounted for 46% of the global. However, FeNi and stainless steel price was still affected much by the international price
Recently, some low ferronickel producers tried to improve the price. The main reasons were the decreasing production during the APEC Conference and the rising inquiries. Now most of them quoted at RMB2350-2400/mt (ex-works price with tax).
This week the low FeNi price stayed at RMB2350-2400/mt while the medium and high FeNi price rose by RMB10/Ni as FeNi with (Ni 4-6%) was at RMB960-980Ni, ferronickel (Ni 6-8%) at RMB950-970/Ni and ferronickel (Ni 10-15%) at RMB960-980/Ni. The entire price was e...
it was acknowledged that One large FeNi enterprise in Inner Mongolia of China had just resume the production after the APEC Conference. After the acquisition of two nickel-iron companies, total FeNi capacity of