[NPI Export] South Korea’s Ferronickel Exports Hit Record High in 1H 2015-Shanghai Metals Market

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[NPI Export] South Korea’s Ferronickel Exports Hit Record High in 1H 2015

Industry News 12:00:30PM Aug 11, 2015 Source:SMM

SHANGHAI, Aug. 11 (SMM) – Outbound shipment of ferronickel from South Korea surged to 18,957 tonnes during the first half of 2015, a record high. 

The surge in ferronickel exports, which were only 47 tonnes during the same period of 2014, was mainly driven by capacity expansion at SNNC, a joint venture of POSCO and La Société Minière du Sud Pacifique (SMSP).  

To reduce inventories, the company exported its products to its branches of POSCO in China. 

During the same period, demand of nickel ore also waned in the country with demand falling.  

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: sallyzhang@smm.cn or service.en@smm.cn.


[NPI Export] South Korea’s Ferronickel Exports Hit Record High in 1H 2015

Industry News 12:00:30PM Aug 11, 2015 Source:SMM

SHANGHAI, Aug. 11 (SMM) – Outbound shipment of ferronickel from South Korea surged to 18,957 tonnes during the first half of 2015, a record high. 

The surge in ferronickel exports, which were only 47 tonnes during the same period of 2014, was mainly driven by capacity expansion at SNNC, a joint venture of POSCO and La Société Minière du Sud Pacifique (SMSP).  

To reduce inventories, the company exported its products to its branches of POSCO in China. 

During the same period, demand of nickel ore also waned in the country with demand falling.  

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: sallyzhang@smm.cn or service.en@smm.cn.