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...
Along with the end of the APEC Conference, discontinued FeNi enterprises gradually recovered the production. However, it was acknowledged that some producers did not plan to operate under the poor market condition as well as the cold weather. Most of them said...
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
it was acknowledged that One large FeNi enterprise in Jiangsu province was at full production, whose monthly output can reaced 30thousand tons. As the environmental protection facilities were well,
In early Nov., the low ferronickel price ex-works price was RMB2350-2400/mt and the producers were active to sell. However, recently, many enterprises shut down or cut down the output for the poor condition and the environmental inspection. In addition, as the...
It was acknowledged that the FeNi cost of most producers were over RMB1100/Ni, while as the purchasing price from steel mills was so low that most of the FeNi enterprises were not reluctant to sell. One producer said, now the stell mills were hard to buy if th...
In Oct., capacity release in most FeNi producing areas of China declined. In addition, the situation was not changed in Nov.. As the weak condition of nickel and stainless steel market had last for a long time, the steel mills did not have much raw material st...
Entering Nov., medium and low grade nickel ores production basically stopped. Adding to the unstable nickel price, many importers of China stopped the operation. Now as many FeNi enterprises cut down the production, the purchase for nickel ores was not active....