SHANGHAI, Dec. 3 (SMM) – Jiangsu Baotong Nickel Industry Co. also announced its nickel output cut plan yesterday, Shanghai Metals Market learns.
Output cuts by China’s five major nickel producers are estimated to reach approximately 170,000 tonnes in nickel content in 2016 according to their plans.
The five producers include Jinchuan Group, Xinxin Mining Industry, Macrolink Mining, Tsingshan and Jiangsu Baotong Nickel Industry. Ji En Nickel Industry also announced its cut plan on Dec. 3.
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