At early of Sept., the operating rate of high Ferronickel in Shandong-one major producing areas of China basically maintained at 30-50% and the ex-works price was RMB1260-1280/Ni. Despite of the poor market condition, even the large manufactures here could not...
During the second week of Sept., one representative in Philippines suggested to ban the exports of Unprocessed metal ore for improving the added value of ores. The news encouraged the nickel price, which improved by USD1395/mt in four days. However, on Sept., ...
In recent week the medium and high grade nickel ores price basically kept stable while the trading was not well because of the declining FeNi market and the weak demand. Meanwhile, both the spot and futures of low grade Ni ores price went down.
Now the operating rate in North areas were still not optimistic. in respective of the market prediction, many producers said the FeNi price was hard to go down for high Ni ores cost while it also difficult to increase for the weak demand form stainless steel m...
At early of Sept., in Inner Mongolia-one major producing area of high FeNi in China, the operating rate of high ferronickel was just about 36%. It was acknowledged that the production advantages of FeNi decreased along with the nickel ores supply problems as w...
At early of Sept., the purchasing price of high ferronickel in Chinese market was basically at RMB1270-1310/Ni(DDP,by cash ) and the details were listed as below. Baosteel cut down the Sept. purchase price by RMB10 to RMB1270/Ni(DDP,by cash ) ; Taiyuan Iron & ...
In total, the operating rate in South areas were better than that of north areas. Even though the capacity release rate recovered slightly, the production were still highly restricted by the nickel ores supply and the poor market. In Shandong province, the str...
Futures price of low-grade nickel ore falls by around USD4.00 this week. Currently, futures price for nickel ore (Fe50%, water33%) is quoted at USD27-29/wet mt, nickel ore (Fe49%, water33%) at USD26-28/wet mt, and nickel ore (Fe48%, water33%) at USD25-27/wet m...