On Feb.17, one stainless steel mill from Gauangzhou, China had settled the high ferronickel price by RMB1010/Ni (delivery price with taxes), rising by RMB10/Ni month on month with purchasing volume of nearly 30thousand tons.
Affected by the rising price of high-grade nickel ores, highferronickel price increased by RMB10 after the holiday. Now the mainstream price of high FeNi was RMB980-990/Ni(ex-works price with taxes). But the FeNi producers were still not satisfied with the current price. The expected price of most producers had already improved to RMB1000/Ni (ex-works price with taxes) or even higher