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Fastmarkets proposes to launch a fortnightly price assessment for CIF China low-grade ferro-nickel with 20-25% nickel contained.
Fastmarkets proposes to amend the pricing frequency of its MB-FEN-0003 ferro-nickel premium/discount, 26-32% Ni contained, cif China price assessment.
The base metals complex has been on a climb on futures exchanges globally but the surge is not reflected in physical markets, with buyers generally staying out of the market due to elevated prices, sources told Fastmarkets
High stainless steel production in China in 2023 generated lofty imports of raw materials, including chrome ore, ferro-chrome, nickel pig iron (NPI) and ferro-nickel
Fastmarkets launches MB-FEN-0005 Nickel pig iron, 10-14% ni content, fob Indonesia, $/nickel unit on Friday October 27.