Domestic NPI Prices Decline
19/03/21 | Nickel
My Steel News 17th March 2021: Mainstream nickel laterite prices continue stable, represented by CIF prices (WMT) at USD59/t, (Ni 0.9% with high Al); USD59/t, (Ni 0.9% with low Al); USD71~72/USD (Ni 1.5%), and USD107/t (Ni 1.8%). At present, most domestic stainless-steel producers are uninterested in procurement of NPI, resulting…
Silkroad Nickel to Supply 2.7 mln t of Ni Laterite to Tsingshan
18/03/21 | Nickel
Shanghai Nonferrous Metals News Monday 15th March: Silkroad Nickel, headquartered in Singapore and with nickel mining business in Sulawesi Indonesia, announced it will supply 2.7 mln t of nickel laterite to China’s Tsingshan Group by end-2022. The company has signed a contract worth USD 90 mln with Pt Ekasa Yad…
China Produces 37.8 kt of NPI in February 2021
10/03/21 | Nickel
Shanghai Nonferrous Metals News-20210218 China produced 37.8 kt (in Ni metal) of NPI in February 2021, down by 1.88% m-o-m, including 31.4 kt of high-NPI and 6.5 kt of low-NPI. SMM forecast domestic NPI output to increase by 5.01% m-o-m to 39.7 kt in March 2021, with 32.3 kt of…
Tsingshan to Supply Ni Matte to Huayou and CNGR
04/03/21 | Nickel
Shanghai Nonferrous Metals News 1st March 2021: Tsingshan Holding Group has signed a one-year contract to supply nickel matte to Huayou Cobalt Co and CNGF Advanced Material Co. Under the agreement, Tsingshan will supply 60 kt of nickel matte to Huayou and 40 kt to CNGR within a year, starting…
Lianyungang Huale on Maintenance
03/02/21 | Nickel
Asian Metal News Huale NPI smelter in Lianyungang Jiangsu, mainly produces high-NPI (10% Ni minimum grade). The company suspended NPI production for maintenance in late January 2021 and plans to restart in March 2021. Designed with NPI smelting capacity of 540 ktpy, the company mainly uses Philippine nickel laterite for…
IM Naiman Jing’an: 18 NPI EFs to Come on Line in Mid-2021
15/01/21 | Nickel
Tengxun News IM Naiman Jing’an Nonferrous Metal Co. Ltd.’s brought its 1.29 mtpy stainless steel project online 27th November 2020. Before that, six of a total 18 x 33,000 kVA NPI EFs were ready to come online in 2020. Construction of the remaining 12 NPI production lines is complete, and…
China Produces 37.3 kt of NPI in December 2020
12/01/21 | Nickel
Shanghai Nonferrous Metals News SMM: China produced 37.3 kt of NPI (in Ni metal) in December 2020, down 12.5% m-o-m. A large high-NPI smelter in eastern China cut operations by 50% in December, while other smelters cut or suspended operations amid tightening raw material supply. A glut in NPI supply…
Large Jiangsu NPI Smelter Cuts Operations on Tight Electricity Supply
18/12/20 | Nickel
My Steel News A large Jiangsu NPI smelter has cut operations by running for only 16~20 hours per day due to the recent power supply restrictions. Consequently, the company’s December output is expected to drop by 15~20% m-o-m. During the first eleven months of 2020, the company typically ran at…
Ni Laterite Prices to Fall Further
30/11/20 | Nickel
Shanghai Nonferrous Metals News NPI prices have continued to fall, leading most domestic NPI smelters into loss. Most domestic NPI smelters are currently inclined to cut operations and reduce nickel laterite prices further. As of today, some Philippine nickel laterite (1.3% Ni grade) deals had been concluded at USD51/t (WMT),…
