On April 16, 2012, the price of Chinese ferro-moly was unchanged at CNY 145,000 ($23,005) per metric ton. For the fifth day in a row, the price of Chinese ferro-chrome remained essentially flat at CNY 8,300 ($1,316) per metric ton.
Chinese 316 stainless steel scrap saw little change in its price yesterday at CNY 18,400 ($2,917) per metric ton. Chinese 304 stainless coil held its value yesterday at CNY 18,600 ($2,951) per metric ton. The price of Chinese 304 stainless steel scrap showed little movement yesterday at CNY 18,600 ($2,951) per metric ton. At CNY 32,000 ($5,077) per metric ton, the price of Chinese 316 stainless coil were essentially unchanged.
Following a two-day rise on the LME , the 3-month price of nickel flattened at $18,455. The primary nickel price prices flattened out at $18,400 following a two-day increase on the LME.