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 Lithium Battery Cathode Precursor and Material Anode Materials Artificial Graphite Diaphragm Electrolyte Other Materials Chemical Compound Lithium-ion Battery Used Lithium-ion Battery Sodium-ion Battery Hydrogen Energy Energy Storage

Dashboard DatabasePro Reports Events Car Insight

Home / Metal News / Why Low-grade NPI Rise in February amid Higher Output? SMM Reports

Why Low-grade NPI Rise in February amid Higher Output? SMM Reports

Mar 15, 2017 11:54

Source:SMM

China’s low-grade NPI output grew by around 6% in February, but low-grade NPI prices advanced in the month. Why?

SHANGHAI, Mar. 15 (SMM) - China’s low-grade NPI output grew by around 6% in February, but low-grade NPI prices advanced in the month.

Why?

In February, China produced 433,500 tonnes of low-grade NPI, up nearly 6 percent MoM, mainly contributed by low-grade NPI-stainless steel integrated mills.

Sources: Glencore Sells Indonesian Nickel Ore

Output at integrated mills is mainly for self-use, while goods trading in the market are mainly supplied by non-integrated mills.

SMM survey finds that output at non-integrated mills was down 13,500 tonnes or 17 percent MoM to 65,500 tonnes in February.

Hence, the decline in market trading volumes, which tightened market supply, explained the rise in low-grade NPI prices in February.

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

nickel prices

nickel ore prices

NPI

For queries, please contact William Gu at williamgu@smm.cn

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

Related news

SMM Minutes: Pandemic Strikes Again, Transactions and Transportation of Spot Market Restricted

On the supply side: Due to large import losses, NORNICKEL nickel, Sumitomo, NIKKELVERK nickel and Nickel briquette could not pass customs clearance, the market was in shortage of pure nickel.

time

Mar 18, 2022 13:23

SMM Minutes: Pandemic Strikes Again, Transactions and Transportation of Spot Market Restricted

Exclusive: China's base metals output in October

China’s copper cathode output increased month on month in October, as there was basically no maintenance at smelters and as large-scale smelters maintained high production in Q4. Although domestic copper scrap was in short supply in October, smelters kept relatively ample stocks of blister copper. Furthermore, as the new secondary copper policy took effect from November 1, concerns over copper scrap supply were eased.

time

Nov 9, 2020 18:31

Exclusive: China's base metals output in October

Inner Mongolia to conduct inspections over production safety in Mar after mine accident

Mining and smelting firms will be particularly targeted in this round of inspections

time

Feb 28, 2019 13:31

Inner Mongolia to conduct inspections over production safety in Mar after mine accident

Robust nickel prices extend rise in NPI purchasing prices for Mar

March's purchasing prices of high-grade NPI at a northern stainless steel mill increased 55 yuan/mtu from Feb, to 1,020 yuan/mtu

time

Feb 26, 2019 16:33

SMM Comments Industry

Robust nickel prices extend rise in NPI purchasing prices for Mar

Exclusive: China's base metals output in Sep

This is a roundup of China’s base metals output in Sep, researched by SMM

time

Oct 12, 2018 19:21

SMM Insight Analysis

Exclusive: China's base metals output in Sep

New capacities in Indonesia to support China’s high-grade NPI supply in Q4

PT Sulawesi Mining Investment, PT Virtue Dragon in Indonesia plan to expand their high-grade NPI capacity within this year

time

Sep 25, 2018 11:17

New capacities in Indonesia to support China’s high-grade NPI supply in Q4

Chinese NPI output in December down 1.8% on the month

China’s nickel pig iron (NPI) output in December dropped slightly to 40,400 mt in December, down 1.8% on a monthly basis and up 10.9% on ayearly basis, according to SMM data.

time

Jan 8, 2018 15:31

Chinese NPI output in December down 1.8% on the month

China to see higher-grade NPI output

China has seen more higher-grade production of nickel pig iron (NPI) as the country imported more nickel ore from Indonesia in 2017.

time

Jan 4, 2018 15:35

China to see higher-grade NPI output

High-grade NPI output hit by power rationing in Inner Mongolia

SMM expects the electricity rationing in Inner Mongolia would see its monthly high-grade nickel pig iron production hit by 10-15%, translating to 380-570 mt of nickel metal.

time

Dec 19, 2017 14:51

High-grade NPI output hit by power rationing in Inner Mongolia

Norilsk Nickel Mine Explosion Kills Four and Eyes on Impact on Relocation Plan

Four miners were killed in an explosion at the Zapolyarny Mine, part of the Polar Division of Norilsk Nickel, foreign media reported.

time

Jul 18, 2017 11:02

SMM Insight Reminder

Norilsk Nickel Mine Explosion Kills Four and Eyes on Impact on Relocation Plan

SMM Events & Webinars

Oct
29
- APAC TIN INDUSTRY CONFERENCE 2024
  Oct 29 - 30,2024
  Shenzhen·Guangdong·China
Nov
05
- APAC (9th) Stainless Steel Industry Conference 2024
  Nov 05 - 07,2024
  Fujian, China
Nov
24
- 2024 SMM Middle East Secondary Metal Filed Trip
  Nov 24 - Dec 01,2024
  UAE

MOST POPULAR

1.Benchmarking Analysis Of the Development Direction Of MHP And Nickel Matte

2.Technical Due Diligence Survey Of Nickel Product Unit

3.Long-term Price Forecast Of Nickel Industry

4.Feasibility Study Of Nickel Industry Investment

5.Indonesia Ni Industry Analysis

Shanghai Metals Market

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

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.