Time：
immria
Ferronickel market weekly comment(Dec 30th- Jan 3rd) The price of high grade ferronickel price went down in this week
[ferro-alloys.com]The stainless steel was still in downturn. The demand for ferronickel decreased.So, the mainstream price of ferronickel went down in this week. The Ni 8%-10% ferronickel was quoted at 970-1000 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 | 985 RMB/nickel point | 970-1000 RMB/nickel point |