China’s NPI Output to Drop to 490 kt in 2020
21/07/20 | Nickel
Shanghai Nonferrous Metals News Boosted by high profit margins in combination with emerging new capacity and easing environmental control, China’s total NPI output grew by 28% y-o-y to 580 kt (in Ni metal) in 2019. Indonesia’s 2020 raw ore export ban has resulted in a nickel laterite supply shortage for…
Domestic NPI Output of 44.6 kt in June
10/07/20 | Nickel
Shanghai Nonferrous Metals News China produced 44.6 kt of NPI (in Ni metal) in June, up slightly by 0.81% m-o-m but down 9.85% y-o-y. Some new high-NPI capacity came online in June while some high-cost NPI smelters suspended operations or changed to production of other alloys. SMM forecast domestic NPI…
NPI Supply to Increase by end-Q3 2020
24/06/20 | Nickel
Shanghai Nonferrous Metals News China’s total 2020 nickel laterite imports are likely to plummet as a result of Indonesia’s ban on raw ore exports and falling exports from the Philippines due to the impact of the Covid-19 pandemic. However, with an increasing number of NPI smelters coming online in Indonesia,…
Linyi Yichen : 500 ktpy Ni and Cr Alloy Project
15/06/20 | Nickel
Shanghai Nonferrous Metals News Linyi Yichen’s 500 ktpy nickel and chromium alloy project is listed as the key construction project of Junan County, Shandong. It is an expansion project located in the Lin’gang Development Zone, comprising 16 nickel and chromium alloy production lines, associated workshops and other support systems. Source
SMM: China Domestic NPI Output 442 kt in May
10/06/20 | Nickel
Shanghai Nonferrous Metals News China produced 44.2 kt of NPI (in Ni metal) in May 2020, up by 15.15% m-o-m, showing the first monthly growth after declining over five consecutive months since November 2019. China’s high NPI output grew by 17.92% m-o-m to 36.9 kt (in Ni metal) and low…
China Imported 240 kt of NPI in April 2020
27/05/20 | Nickel
Shanghai Nonferrous Metals News China imported 240.7 kt of NPI in April, up 65.43% (95.2 kt) y-o-y but down 26.41% (86.4 kt) m-o-m. Of this figure, NPI imports from Indonesia were 188 kt in April, up 96.86% or 92.5 kt y-o-y. Source
China’s NPI Output to Reach 44.5 kt in May
26/05/20 | Nickel
China Nonferrous Metals News China produced 41.3 kt of NPI in April, down 1.55% m-o-m. Of this figure, high-NPI output dropped by 3.16% m-o-m to 34 kt, driven by downstream stainless steel producers’ strong will to keep prices down. Low-NPI output grew by 6.84% m-o-m to 7.1 kt in April.…
China Imports 1.36 mln t of Ni Laterite in April
21/05/20 | Nickel
Shanghai Nonferrous Metals News SMM: China imported 1.36 mln t of nickel laterite in April 2020, down by 87.1 kt or 6% m-o-m and down by 70.2% y-o-y. Of this amount, 1.09 mln t was from the Philippines, up 11.6% m-o-m but down 54.8% y-o-y. Despite the Philippine rainy season…
Domestic NPI Output of 38.4 kt in April
12/05/20 | Nickel
Shanghai Nonferrous Metals News China produced 38.4 kt of NPI in April, down 4.49% m-o-m and down 19.91% y-o-y. Of this figure, high-NPI output was 31.3 kt down 7.33% y-o-y and low-NPI output was 7.1 kt, up 10.46%. Some large high-NPI smelters partially suspended operations due to shrinking nickel laterite…
