The continuous weakness of LME Ni once again aroused the pessimistic mood of the participant ants, especially the traders and the steel mills. For FeNi manufactures, most of them still chose to hold the stock for the high nickel ores cost
Even though the demand for medium and high grade nickel ores from FeNi producers was still high, the weak LME Ni price made the buyers hesitate to buy the materials.
[Ferro-Alloys.com]LME nickel price continued to fall on Thursday, Dec 18. The price began to dip sharply after an opening rise during Asian trading hours. The price almost offset the falling in the European trading hours, and the price kept relatively stable i...
Entering Mid-Dec., inquires and purchases for medium and high grade nickel ores was still active. Despite of the downturn LME Ni price in recent two weeks, the spot price of medium and high grade nickel ores stayed stable as Ni 1.7% was quoted at RMB530-540/we...
[Ferro-Alloys.com]LME nickel price dipped sharply on Wednesday, Dec 17. The price kept stable in Asian trading hours, and the price declined sharply in European trading hours while it rebounded during the American trading hours. LME nickel price on Wednesday e...
[Ferro-Alloys.com]LME nickel price continued to fall on Tuesday (Dec 17). The price remained a downtrend all day long, with an intraday high at 16465 and low at 15925, closing at 16000, down 2.74%.
In the first 11 months of 2014, low FeNi price experienced drastic ups and downs. In half 1 of 2014, the low ferronickel ex-works price reached RMB3600/mt from RMB2600/mt of early 2014. However, along with the downturn stainless steel price the price continued...
[Ferro-Alloys.com]LME nickel price dipped on Monday (Dec 15), with a intraday high at 16860 and low at 16405, closing at 16450, down 1.35%. The price began to rise after opening, but the price plunged sharply after it failed to break 16850. The decline offset ...