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High Ferronickel Price to See Higher in Mar.--China

Source: Time:2014-02-19 08:46:25 views:

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
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