Qingdao Zhongcheng: 260 ktpy NPI RKEF Project in Indonesia
27/11/20 | Nickel
Shanghai Nonferrous Metals News SMM: Qingdao Zhongcheng Group has settled a contract for a 260 ktpy NPI (RKEF) project development in Indonesia. The project involves 4 EFs (RKEF), with total NPI capacity of 260 ktpy (11.5% Ni content). The project is located in Bungku Pesir, Morowali county, Kendali City, Sulawesi…
China Imports 5.1 mln t of Ni Laterite in October
26/11/20 | Nickel
Shanghai Nonferrous Metals News China Customs: China imported 5.1 mln t of nickel laterite in October (DMT and WMT combined), down 17.9% m-o-m and down 25.6% y-o-y. Of the total, 4.59 mln t was from the Philippines, down 16.3% m-o-m but up 35.96% y-o-y. Source
SMM: China October Domestic NPI Output of 43.7 kt
11/11/20 | Nickel
Shanghai Nonferrous Metals News China produced 43.7 kt of NPI (in Ni metal) in October 2020, down 5.2% m-o-m. Of this figure, high-NPI output was 35.9 kt, down 6.9% m-o-m; and low NPI output was 7.7 kt, up 3.87% m-o-m. The decline in high-NPI output can be attributed to relatively…
China Imports 6.21 mln t of Ni Laterite in September
28/10/20 | Nickel
PPI Business News China Customs: China imported 6.21 mln t of nickel laterite in September, up by 2.46 mln t on-month but down by 880.5 kt on-year. China imported 27.26 mln t of nickel laterite during the first three quarters of 2020, down 29.95% y-o-y. Of this figure, 3.04 mln…
Winter Production Cut Policy: Limited Impact on Ni
19/10/20 | Nickel
Shanghai Nonferrous Metals News SMM: The winter production policy in the Yangtze River Delta and Northern China has limited impact on the nickel industry overall, with almost no impact on the supply side. NPI smelters in eastern China may see a moderate increase in transportation costs. Some small-medium alloy-casting producers…
China – September Domestic NPI Output 46 kt
15/10/20 | Nickel
Shanghai Nonferrous Metals News China produced 46 kt of NPI (in Ni metal) in September, up by 2.91% m-o-m but down by 12.74% y-o-y. China’s high-NPI output climbed by 3.67% m-o-m to 38.6 kt (in Ni metal) led by a combination of increased operations at some NPI smelters and new…
Liuzhou Steel: NPI Project Operational in Q4 2020
29/09/20 | Nickel
Shanghai Nonferrous Metals News The NPI project of Guangxi Zhongjin Metal Technology, a stainless steel producer under the Guangxi Liuzhou Steel Group, is scheduled to come online in Q4 2020. Back by total investment of RMB5.6 bln, project construction began in January 2019. Upon completion, the project’s annual output will be 1.46…
China August Ni Laterite Imports at 3.75 mln t
29/09/20 | Nickel
Shanghai Nonferrous Metals News China imported 3.75 mln t (WMT and DMT combined) of nickel laterite in August, down 23.6% m-o-m and down 37.5% y-o-y. Of this figure, laterite imports from the Philippines dropped by 23% on-month and 17.22% on-year to 3.38 mln t, as a result of rainy weather…
China August NPI Output: 44.7 kt
11/09/20 | Nickel
Shanghai Nonferrous Metals News China produced 44.7 mln t NPI (in metal) in August up 3.42% m-o-m but down 15.88% y-o-y. China’s high NPI output was 37.4 kt in August up 3.67% m-o-m, and that of low-NPI was 7.4 kt, up 2.18% m-o-m. High NPI smelters resuming from maintenance in…
