Nickel ore inventories across all Chinese ports increased 170,000 wmt from last Friday to 8.12 million wmt as of Friday May 25
The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on Friday May 25, 2018.
High-grade nickel pig iron (NPI) plants in Shandong province were required to cut one-third of their productions from Friday May 25 in response to the Shanghai Cooperation Organisation (SCO) summit.
The following table shows the movement of ferrous and nonferrous metals on the SHFE and DCE on Thursday May 24, 2018
Rebar inventories across mills in China rose 1.8% from a week ago to stand at 2.22 million mt as of Thursday May 24
Social inventories of five categories of finished steel in China’s 20 major cities, including stocks in the market and at ports, shank 2.06 million mt from April and stood at 11.39 million mt in May
An estimated 7,000 mt of low-grade nickel pig iron (NPI) output will be affected across low-grade NPI plants in Linyi of Shandong province as plants shut for the Shanghai Cooperation Organisation
Social inventories of long steel in Guangzhou, Guangdong province shrank over 7.7% on the week and stood at 1.35 million mt as of Thursday May 24
China's inventory of primary aluminium, including SHFE warrants, shrank to 2.08 million mt as of Thursday May 24 due to fewer deliveries to warehouses and stable downstream consumptio
Some 10,000 mt of high-grade nickel pig iron (NPI) output, in physical content, will be affected per month as a medium-sized plant in north-east China plans to undertake maintenance
Operating rates across China's silicon plants in April fell 6.6 percentage points from March and stood at 34.8%, an SMM survey showed.