Non-ferrous

Non-ferrous

Base Metals

Rare Earth

Scrap Metals

Minor Metals

Precious Metals

Ferrous Metals

Ferrous Metals

Iron Ore Index Iron Ore Price Finished Steel Coke Coal Pig Iron Silicon Steel

New Energy

New Energy

Solar Lithium Cobalt Lithium Battery Cathode Precursor and Material Anode Materials Artificial Graphite Diaphragm Electrolyte Other Materials Chemical Compound Lithium-ion Battery Used Lithium-ion Battery Sodium-ion Battery Hydrogen Energy Energy Storage

Price Center DatabasePro Reports Events Car Insight

Home / Metal News / South-China steel mill procures high-grade ferronickel at higher prices

South-China steel mill procures high-grade ferronickel at higher prices

Jul 18, 2019 16:41

Source:SMM

Prices stood at 1,080-1,090 yuan/mtu, including tax and transport costs, up from 980-1,000 yuan/mtu a week ago

SHANGHAI, Jul 18 (SMM) – A steel mill in south China this week purchased high-grade ferronickel at 1,080-1,090 yuan/mtu, including tax and transport, up from 980-1,000 yuan/mtu from the purchase a week earlier, SMM learned on Thursday July 18.

Delivery is scheduled between end-August and mid-September.

SMM assessments showed that prices of spot high-grade ferronickel followed nickel prices higher this week, standing at an average 992.5 yuan/mtu as of Thursday July 18, up 25 yuan/mtu from the previous week.

Market commentary

Ferronickel

For queries, please contact William Gu at williamgu@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

Related news

Cost of Indonesian Ferronickel Goes Up

The cost of local nickel pig iron in Indonesia is gradually strengthening, and the downward space for ferronickel prices is expected to be limited.

time

Sep 8, 2023 12:07

Analysis Industry

Cost of Indonesian Ferronickel Goes Up

SMM Morning Comments (Jul 13): Shanghai base metals were mostly lower as investors awaited China's trade data for June

Shanghai base metals were mostly lower on Tuesday morning as investors awaited the release of China's trade data for June. Meanwhile, their counterparts on the LME also fell for the most part.

time

Jul 13, 2021 10:00

SMM Morning Comments (Jul 13): Shanghai base metals were mostly lower as investors awaited China's trade data for June

Ferronickel prices rose while profit margins of spot ore were still shrinking

Since the gradual recovery of the market after the holiday, prices of nickel ore and ferronickel rose significantly. In addition to the rising nickel prices driving the market sentiment, support from the fundamentals was also strong.

time

Mar 3, 2021 13:47

Ferronickel prices rose while profit margins of spot ore were still shrinking

Imports of nickel ore and ferronickel declined significantly in December 2020

According to customs data, in December 2020, China's nickel ore imports totalled 3.17 million mt (wmt and dmt mixed), a decrease of 11.2% month on month and 26.6% year on year.

time

Jan 26, 2021 10:32

Imports of nickel ore and ferronickel declined significantly in December 2020

LFP battery demand to rise as China's new NEV subsidies disqualify expensive models

Demand for lithium iron phosphate (LFP) batteries in the new energy vehicle market, which enjoy more cost advantage as compared to high-nickel ternary batteries, will likely increase with support from the latest 2020 NEV subsidy policy, under which only passenger cars costing less than 300,000 yuan/unit will receive subsidies.

time

Apr 27, 2020 15:50

LFP battery demand to rise as China's new NEV subsidies disqualify expensive models

Spot copper premiums fell as a futures rally sidelined consumers

Premiums of spot copper cathode in Shanghai edged lower on the morning of April 27 as sellers showed more cash-in inclination after the delivery for long-term contracts and a rally in copper futures kept buyers hesitated on the backdrop of ample spot supplies.

time

Apr 27, 2020 13:56

Spot copper premiums fell as a futures rally sidelined consumers

Spot copper premiums rose in Shanghai in a seller's market

Transactions of spot copper were active in Shanghai on the morning of Friday March 27 as traders stepped up purchases on reduced futures prices. This prompted spot cargo holders to lift premiums.

time

Mar 27, 2020 13:49

Spot copper premiums rose in Shanghai in a seller's market

December ferronickel imports rose 34% year on year

December’s ferronickel imports contain 35,400 mt of nickel, up 2.44% from November and 38.35% from December 2018

time

Jan 22, 2020 15:07

December ferronickel imports rose 34% year on year

China ferronickel, NPI imports rose 63% YoY in November

In Jan-Nov, materials from the top supplier Indonesia soared 125% year on year on the back of rising new smelting capacity in the country

time

Dec 30, 2019 11:16

China ferronickel, NPI imports rose 63% YoY in November

Shandong Xinhai, Silkroad Nickel to build 400,000 mt/year ferronickel smelter in Indonesia

NPI Shandong Xinhai produced in Jul accounted for more than a quarter of overall output across China

time

Aug 19, 2019 11:17

Shandong Xinhai, Silkroad Nickel to build 400,000 mt/year ferronickel smelter in Indonesia

SMM Events & Webinars

Apr
09
- NET ZERO MEA - Solar & Energy Storage
  Apr 09 - 10,2025
  NET ZERO MEA is the premier leadership summit of solar, energy storage, and renewable energy sectors in the Mid-East.
  MARRIOTT HOTEL AL JADDAF, DUBAI, UAE
Apr
09
- 2025 SMM (20th) Lead & Zinc Conference and Industry Expo
  Apr 09 - 11,2025
  To promote the sustainable development of lead and zinc industry to build a high-end, professional, pragmatic exchange p
  Nanjing · Jiangsu ·China
Apr
16
- CLNB 2025 New Energy Industry Chain Expo
  Apr 16 - 18,2025
  Suzhou International Expo Center, Jiangsu, China

MOST POPULAR

1.Benchmarking Analysis Of the Development Direction Of MHP And Nickel Matte

2.Technical Due Diligence Survey Of Nickel Product Unit

3.Long-term Price Forecast Of Nickel Industry

4.Feasibility Study Of Nickel Industry Investment

5.Indonesia Ni Industry Analysis

Shanghai Metals Market

Privacy Policy Compliance Centre SMM Credit Service Contact Us About Us Terms & Conditions Sitemap Holiday Pricing Schedule

Notice: By accessing this site you agree that you will not copy or reproduce any part of its contents (including, but not limited to, single prices, graphs or news content) in any form or for any purpose whatsoever without the prior written consent of the publisher.

Drop us a line

service.en@smm.cn

How can we help you?

+86 021 5155-0306

Live chat via WhatsApp

Copyright © 2025 SMM Information & Technology Co., Ltd. All rights reserved.