SHANGHAI, Nov. 27 (CBI China) -- We conducted a survey of refined nickel procurement at 20 electroplating enterprises in Zhejiang. More than 90% of 20 companies are currently producing hardware.
For refined nickel brands, 65% of the companies will purchase Inco nickel; 30% said that Inco nickel and Jinchuan nickel will be considered, depending on price and quality; 5% will purchase Falconbridge nickel; monthly purchases are from 200-300 kg to 5000 kg, but these producers said that the output will be reduced due the recent downturn market.
The survey revealed that as refined nickel downstream industries, electroplating enterprises still have some demand for refined nickel procurement. Recent sales of refined nickel are weak with the main reason of weak demand in steel companies.
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