[August 20 SMM nickel product price]

Spot: 20 August Russia nickel than Shanghai nickel 1909 discount about 250 yuan / ton, Jinchuan nickel than Shanghai nickel 1909 contract generally reported 900 to 1000 yuan / ton. In early trading, Shanghai nickel fell to around 124200 and recovered to around 124700. Russian nickel discount narrowed steadily, with few transactions, and more downstream steel mills continued to wait and see. The closing of the import window made it difficult for traders to replenish goods and was unable to expand discount shipments. Jinchuan rising water is also stable and small and medium-sized higher, the transaction is also weak. Nickel prices high shock under the overall buying gas to maintain the previous wait-and-see state, little demand release. The Shanghai ex-factory price of Jinchuan Company is 125000 yuan / ton, 1600 yuan / ton lower than yesterday, and the mainstream transaction is 124300 yuan / ton.

[Jinchuan company ex-factory price] Jinchuan company electrolytic nickel (big plate) Shanghai quotation 125000 yuan / ton, barreled small pieces 126200 yuan / ton, down 1600 yuan / ton compared with the previous day.

Ferrochromium

On August 19, affected by the substation maintenance in Fengzhen area of Inner Mongolia today, some manufacturers in the north have the idea of continuing to raise the quotation of high-carbon ferrochromium, but the impact of this power limit is limited, the degree of shutdown of different local factories is different, and the specific output of ferrochromium will continue to pay attention to SMM. At the same time, the relevant alloy industry said that the impact of next month's output is limited, only periodic power outages, and will not greatly affect the regional supply capacity. The price of ferrochromium in Hong Kong today remained stable compared with last week, with spot quotations for 40-42% chromium concentrate mines in mainstream South Africa at 29.5-30 yuan / tonnage and futures prices at US $150-160 per tonnage.

Stainless steel