[Ferro-Alloys.com]The LME nickel price continued to fall on Wednesday, Dec 10, with an intraday high at 16620 and low at 16325, closing at 16325, down 1.3%.
[Ferro-Alloys.com]Minmetals released black W concentrates indication floor price for December at RMB88,000/mt (USD14,426/mt, export duty excluded), down RMB10,000/mt (USD1,639/mt, export duty excluded) from November.
Entering Dec., the low ferronickel price started to recover due to the tight supply. More discontinuous enterprises planned to recover the production. Now the low FeNi ex-works price was RMV2550-2600/mt, rising by RMB100 than early Dec.. However, in view of th...
since mid-2014, the low grade nickel ores spot price continued to decline. In Nov., the average monthly price of low grade Ni ore (Ni0.9-1.1%) declined to RMB230/wet mt, down by RMB150 compared with that of the highest point in Jun..