SHANGHAI, Jun. 3 (SMM) – More than 80% of Jinchuan nickel is consumed by China’s non-steel sector, news reported from the Shanghai Derivatives Market Forum.
“Around 120,000-130,000 tonnes of Jinchuan nickel go to domestic non-steel industry every year, such as the battery and electroplating sectors,” said Simon Bao, Deputy Marketing General Manager of Jinchuan Group, at the forum, in responding to earlier report of limited supply from the company.
Consumption of Jinchuan nickel in the stainless steel sector is only about 30,000 tonnes, Bao added, a small part of its annual output of 150,000-160,000 tonnes.
The article is edited by SMM and is provided for information purpose only. SMM assumes no liability and does not warrant the accuracy, reliability or completeness of information contained or quoted in the article, either express or implied. SMM further disclaims any liability for losses in connection with the information contained or quoted in the article.
For news cooperation, please contact us by email: firstname.lastname@example.org or email@example.com.