China Imports 645 kt of NPI in September
26/10/22 | Nickel
Shanghai Nonferrous Metals News China Customs: China imported 645.88 kt (actual tonnage) of NPI in September 2022, up by 3.29% m-o-m and up by 121.76% y-o-y. Indonesia is the largest NPI supplier to China, with 606.76 kt of exports, up by 4.13% m-o-m and up by 149.13% y-o-y.
Ni Laterite Prices Rise Slightly on Tighter Supply
24/10/22 | Nickel
Shanghai Nonferrous Metals News 21st October: Nickel laterite inventories at Chinese ports rose by 328 kt w-o-w to 8.26 mln t (WMT), converting to 65 kt of nickel metal. Nickel laterite inventories at China’s major seven ports rose by 118 kt to 4.47 mln t (WMT) this week. Nickel laterite…
China September NPI Production: 81.6 kt
17/10/22 | Nickel
Shanghai Nonferrous Metals News China produced 31.5 kt of NPI (in Ni metal) in September 2022, up by 6.67% m-o-m and up by 2.53% y-o-y. The demand for NPI increased rapidly led by increasing orders from stainless steel mills in the wake of rising prices of stainless steel. High-NPI production…
China Imports 4.34 mln t of Ni Laterite and 655 kt of NPI in August
22/09/22 | Nickel
Shanghai Nonferrous Metals News China imported 4.34 mln t of nickel laterite in August 2022, down by 1.52% m-o-m and down by 24.92% y-o-y. The decline can be attributed to production cuts by domestic China NPI smelters led by falling NPI prices in the recent three months. China imported 655…
IM Cancels Preferential Electricity Prices
02/09/22 | Nickel
Fubao News 30th August: The local authority of IM announced that it will cancel its preferential electricity price policy, with effective from 1st September 2022. IM NPI smelters will be impacted directly, seeing electricity prices increase by RMB 0.02/kWh to RMB 0.43~0.45/kWh in eastern IM. IM’s NPI production represents approximately…
Tsingshan and Baowu Steel in Talks re NPI Production Lines Deal
26/08/22 | Nickel
Fubao News Tsingshan Group is negotiating with China Baowu Group regarding sales of eight of its NPI production lines with total annual capacity of 500 ktpy in Morowali Industrial Park (Tsingshan Industrial Park) in Indonesia. The deal is expected to be between USD 3~4 bln, with transaction terms including final…
China Imports 3.84 mln t of Ni Laterite in May
22/06/22 | Nickel
Shanghai Nonferrous Metals News China imported 3.84 mln t of nickel laterite in May 2022, up by 54.73% m-o-m and up by 4.59% y-o-y. Nickle laterite supply from the Philippines, the largest supplier to China increased gradually in May, up by nearly 80% m-o-m but still showing a decline from…
Ni Laterite Inventory at Chinese Ports Drops to Record Low
17/06/22 | Nickel
Shanghai Nonferrous Metals News As of 10th June, nickel laterite inventory at Chinese ports dropped to 4.87 mln t (WMT), equivalent to 38.2 kt in nickel metal, and a record low point. Industry commentators believe the extended rainy season in the Philippines has interrupted mining operations and consequently suppressed export…
Tsingshan Group: 50 ktpy Ni Plate Project in Indonesia
08/06/22 | Nickel
Shanghai Nonferrous Metals News Tsingshan Group is set to build a 50 ktpy nickel project, using nickel matte that it produces for nickel plate production in Indonesia. It has been reported that the project has been established, but the time of commissioning is as yet, undisclosed.
