[SMM exclusive] production of nickel pig iron in Indonesia increased by 2.15 per cent in May. Neutral forecast of capacity increment for the year or at 160000 nickel tons.

SMM, June 6 / PRNewswire-Asianet /-

Monthly production of nickel pig iron in Indonesia from 2017 to 2019

In May, Indonesia produced 27700 nickel tons of nickel pig iron, an increase of 2.15 per cent on a month-on-month basis. Two 42000KVA RKEF capacity utilisation units, which were put into production at the nickel pig iron plant in the Morowali area in January and March, continued to climb the slope, while two more 42000KVA RKEF units were released at the end of May. The two 33000KVA RKEF units that went into production at the nickel pig iron plant in the Konawe area in early April and mid-May also released increments, and the 11th RKEF capacity utilization rate, which was put into production in March, continued to climb. The first 33000KVA RKEF at a nickel pig iron plant on Obi Island was officially released in the early hours of May 27. Production at another nickel pig iron plant on Obi Island, which arranged repairs at a 33000KVA RKEF plant in mid-May, fell month-on-month.

List of capacity expansion of nickel pig iron in Indonesia in 2019

According to the latest research by SMM, the nickel pig iron plant in Morowali area is scheduled to produce four 42000KVA RKEF, units one after another by the end of June, but the specific production rhythm is uncertain. SMM is estimated according to the production schedule of one unit per month from the end of June. The nickel pig iron plant in the Konawe area plans to produce two 33000KVA RKEF units from July to August. The nickel pig iron plant on Obi Island is scheduled to start production of the remaining three 33000KVA RKEF units from August to October. Due to the uncertainty of the remaining planned new production capacity in 2019, SMM believes that the probability of actual production is small, and the neutral forecast is that the total capacity increment in 2019 may be 160000 nickel tons.

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