Non-ferrous

Non-ferrous

Base Metals

Rare Earth

Scrap Metals

Minor Metals

Precious Metals

Ferrous Metals

Ferrous Metals

Iron Ore Index Iron Ore Price Finished Steel Coke Coal Pig Iron Silicon Steel

New Energy

New Energy

Solar Lithium Cobalt Ternary Precursor and Material Anode Materials Chemical Compound Lithium-ion Battery Used Lithium-ion Battery Sodium-ion Battery Hydrogen Energy Energy Storage

Dashboard DatabasePro Reports Events Consulting

Home / Metal News / Zhenshi Group Gets One NPI Blast Furnace Running in Indonesia, with Output Expected in August

Zhenshi Group Gets One NPI Blast Furnace Running in Indonesia, with Output Expected in August

Aug 20, 2015 16:49

Source:SMM

Zhenshi Group ignited one 80m3 blast furnace recently, according to SMM sources.

SHANGHAI, Aug. 20 (SMM) – Zhenshi Group ignited one 80m3 blast furnace recently, according to SMM sources.

It plans to produce 1,000-2,000 tonnes of NPI in August.

The furnace, run by Zhenshi Group's subsidiary FBLN Company in Indonesia, is one part of its 80,000-tpy NPI project.

Current NPI price after continuous losses left no profits for Indonesia-based producers, market players said.

“NPI prices are expected to improve in September,” one person, unnamed, from the company expects.

It is a traditionally peak demand season for stainless steel in September, and some large Chinese stainless steel mills may also launch NPI purchases at month-end.

But, the NPI outlook is now clouded by strong pessimism amid the sluggish nickel market, SMM notes.

For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn.

Zhenshi Group

China NPI output

Indonesia export ban

For queries, please contact Michael Jiang at michaeljiang@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

Related news

China NPI Price to Advance, SMM Expects

NPI price in China’s domestic market is expected to advance this week, Shanghai Metals Market foresees.

time

Sep 12, 2016 10:10

China NPI Output Falls in August, SMM Reports

China’s NPI output fell 12.15 per cent in August on a monthly basis, Shanghai Metals Market reports.

time

Sep 8, 2016 14:08

Tsingshan Reports New NPI Output High at Indonesian Projects

Tsingshan Group recorded a new high of monthly NPI output at its two Indonesian projects in April, the company said on its website.

time

May 4, 2016 11:29

Tight Supply Drives up Premiums of Imported Ferronickel, SMM Reports

Premiums of imported ferronickel have been rising since the end of 2016 Chinese New Year holiday, Shanghai Metals Market reports, doubling levels seen before China’s holiday as of the end of March.

time

Apr 1, 2016 11:27

Zhenshi Group Delivers First Shipment of NPI to China in March

Zhenshi Group delivered one shipment of NPI to China in March, the first shipment from Indonesian-based plant.

time

Apr 1, 2016 10:27

Production at China NPI Producers Worsens, SMM Reports

Conditions at domestic high-grade NPI producers are worsening amid the sluggish market, Shanghai Metals Market reports.

time

Dec 9, 2015 10:28

New Caledonia Approves MKM to Sell Nickel Ore to China

New Caledonia has authorized MKM to sell low-grade nickel ore to China. MKM is the country’s only one company being permitted to export the resources to China.

time

Oct 29, 2015 17:03

Indonesia mineral export ban to stay

The Indonesian government yesterday announced that it has decided to withdraw plans to ease mineral export ban.

time

Sep 9, 2015 09:39

SMM Update of Chinese NPI Projects in Indonesia in August

How Chinese NPI projects in Indonesia progress? Shanghai Metals Market gives you the latest update of major projects as of early August.

time

Aug 17, 2015 16:23

[NPI] Huadi Group to Put Online Phase 1 of NPI Project in Late 2015

Huadi Group plans to put online its phase 1 of Indonesia’s NPI projectin late 2015.

time

Aug 6, 2015 10:01

SMM Events & Webinars

Oct
09
- NET ZERO EUROPE - Solar & Energy Storage Summit
  Oct 09 - 10,2024
  THE EGG BRUSSELS, BELGIUM
Oct
08
- 2nd Li-ion Battery Europe 2024
  Oct 08 - 10,2024
  THE EGG BRUSSELS, BELGIUM
Jun
24
- 2024 Global Renewable Metal Industry Chain Summit
  Jun 24 - 25,2024
  To foster international cooperation and dialogue among industry colleagues
  Kuala Lumpur , Malaysia

MOST POPULAR

1.China Lithium Market Dynamics and Lithium Procurement Study

2.Battery Recycling Technology Understanding

3.Solid State Battery Market

4. China Scrap Steel Quality Analysis

5.China Scrap Steel Cost Curve

Shanghai Metals Market

Privacy Policy Compliance Centre SMM Credit Service Contact Us About Us Terms & Conditions Sitemap

Notice: By accessing this site you agree that you will not copy or reproduce any part of its contents (including, but not limited to, single prices, graphs or news content) in any form or for any purpose whatsoever without the prior written consent of the publisher.

Drop us a line

service.en@smm.cn

How can we help you?

+86 021 5155-0306

Live chat via WhatsApp

Copyright © 2024 SMM Information & Technology Co., Ltd. All rights reserved.