At the end of Aug., in Inner Mongolia province, one of the main producing areas of high ferronickel in China, the operating rate recovered a little while the mainstream price declined slightly. Now most of the producers quoted at RMB1290-1310/Ni, and some redu...

In Aug., the total capacity release of high FeNi in China was still low at 35-55%, while the recover sign started appearing and the optimistic prediction for FeNi market in Sep. increased.

In Aug., the total capacity release of high FeNi in China was still low at 35-55%, while the recover sign started appearing and the optimistic prediction for FeNi market in Sep. increased.

At early of Aug., the high FeNi operating rates in main producing areas started to recover for the downturn nickel ores price and the loosed fund pressure. In Jiangsu and Shandong provinces, it basically maintained at 50-55%. Inner Mongolia areas increased to ...

In the first ten-day of August, LME nickel price hobbled due to the climbing stockpiles. On Aug. 6th, the closing price of LME was USD18733/ton and the stockpile was 318114 tons. Meanwhile, the Chinese domestic nickel market stayed soft with weak transactions....

n Aug., the high FeNi price basically maintained standard compared with that of last month

In recent two months, the high FeNi operating rates was low and meanwhile many producers held the stock. However, the total supply in Chinese market was still high, and the main reason was that many steel mills cut down the purchasing volume.

Taigang Stainless Steel, the largest stainless steel producer in China announced to leave its list prices for all stainless steel products unchanged for July contracts.