In the first three quarters of 2014, the stainless steel production was 16.02million tons, increased by 17.44% year on year, of which Cr-Ni steel was 8.23million tons, improved by 19.64% Y-O-Y. It was expected that the whole output of 2014 might increased by 1...

Since quarter 4, many FeNi producers temporarily closed down in Inner Mongolia, China, the main reasons of which were the high nickel ores cost and the APEC Conference, especially the New environmental laws’ execution on Jan.1st of 2015. In addition to the ab...

In recent week, the low FeNi price increased by RMB50/mt to RMB2620-2680/mt and the tight supply situation last. Medium and high FeNi price decreased by RMB40/Ni as medium FeNi with Ni 4-6% was quoted at RMB1030-1040/Ni and 6-8% was RMB1020-1030/Ni and High Fe...

Since end of Nov. in 2014, the low ferronickel price continued to rebound for the tight supply. Up to Mid-Jan. of 2015, the rising trend had already last for one month and a half. Because of the shortage supply and the optimistic expectation for medium and hig...

considering the factors of the overhaul of some steel mills and the cancellation of 1% import FeNi tax, medium and high FeNi price suffer resistance to go up in Jan.. Meanwhile, the high FeNi price also hard to go down in short term.

In recent years, the ferronickel imports of China present a rising trend. According to the statistics, in 2010 and 2011, FeNi imports of China was just 130-140thousand tons while in 2012 and 2013 it increased to 200-240thousand tons.

According to the statistics of 2014, the high ferronickel and Jinchuan 1# nickel price experienced a wave of ups and downs. In quarter 1, the high FeNi and Jinchuan 1# nickel price stayed at the low level since half of 2013.

From end of 2013 to Q1 of 2014, the high FeNi price stayed at low standard, the mainstream price of which was RMB900-980/Ni. Since Q2, the high FeNi tender price stated to rebound, which rose to RMB1390/Ni, recording the latest new high since Apr. of 2012.