[SMM brief comment] does it affect the entry of the 30-day emergency nickel iron market in Luwu, northwest Sulawi, Indonesia?

SMM7, March 17: according to the latest report, the local government decided to enter a 30-day state of emergency after flooding hit six areas in the Luwu region northwest of South Sulaway. The state of emergency runs from July 14 to August 12, 2020.

According to the latest statistics from the North Luwu disaster reduction Department, 32 people have died in the area, with a total of 3627 families, and about 14483 people are homeless, who can only live in nearby disaster relief sites. In addition, bridges between villages have been cut off by floods, and provincial roads have been covered with 1 to 4 meters of mud.

According to SMM research, the flood disaster is located in the northwest of Sulawi, far away from the ferronickel production enterprises (the distribution map is shown below), has not affected the normal production of the relevant nickel-iron plants in Indonesia, if the situation continues, it may affect local mine shipments.

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