Chinese Refined Nickel Output to Rise 2.27% MoM in Apr

SHANGHAI, Apr 10 (SMM) - The Chinese refined nickel output in April will be 18,000 mt, up 2.27% MoM and 39.21% YoY. Profits gained by electrowinning nickel producers that produce with MHP have risen somewhat, but a small number of Chinese enterprises still produce electrowinning nickel with scrap to gain a relatively stable profit margin and they intend to increase the production. In addition, a company in north-west China has experienced a decline in pure nickel production due to a technological upgrade.