Ferronickel market weekly comment(Dec 9th- Dec 13th) The price of high grade ferronickel price dropped down in this week
[ferro-alloys.com]The stainless steel was still in downturn. The demand for ferronickel was insufficient.The price of high grade ferronickel went down. The Ni 8%-10% ferronickel was quoted at 940-960 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 | 950 RMB/nickel point | 940-960 RMB/nickel point |