One Shandong Nickel Producer Cuts Output in July on Raw Material Issues, SMM Learns

Published: Aug 3, 2017 11:23
One nickel producer in Shandong suspended production from mid July due to raw material issues, Shanghai Metals Market learns.

SHANGHAI, Aug. 3 (SMM) – One nickel producer in Shandong suspended production from mid July due to raw material issues, Shanghai Metals Market learns. 

Indonesia Issues New Nickel Ore Export Quota

The producer produced 200 tonnes of nickel in July, down 150 tonnes from June’s, according to SMM sources. The producers remain offline now. 

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


 

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
Related News
High-Grade NPI Prices Stay Elevated Post-Holiday, Narrowing Discount with Refined Nickel
1 hour ago
High-Grade NPI Prices Stay Elevated Post-Holiday, Narrowing Discount with Refined Nickel
Read More
High-Grade NPI Prices Stay Elevated Post-Holiday, Narrowing Discount with Refined Nickel
High-Grade NPI Prices Stay Elevated Post-Holiday, Narrowing Discount with Refined Nickel
[SMM Nickel Flash] After the holiday, refined nickel prices pulled back, while high-grade NPI prices remained elevated, and the average discount of high-grade NPI versus refined nickel narrowed to 336.7 yuan/nickel unit. High-grade NPI prices are expected to still have upside room next week, while refined nickel prices are expected to decline MoM. The average discount of high-grade NPI versus refined nickel is expected to continue narrowing; however, supported by new energy orders, the conversion of NPI to high-grade nickel matte still has momentum.
1 hour ago
[SMM Analysis] SS Weekly Review: Geopolitical Shocks and Cost Inflation Drive Prices as Market Faces Peak Season Test
1 hour ago
[SMM Analysis] SS Weekly Review: Geopolitical Shocks and Cost Inflation Drive Prices as Market Faces Peak Season Test
Read More
[SMM Analysis] SS Weekly Review: Geopolitical Shocks and Cost Inflation Drive Prices as Market Faces Peak Season Test
[SMM Analysis] SS Weekly Review: Geopolitical Shocks and Cost Inflation Drive Prices as Market Faces Peak Season Test
1 hour ago
SMM High-Grade NPI Price Rises 21.1 Yuan/Nickel Unit WoW, Trading Volume Increases as Mills Resume Operations
1 hour ago
SMM High-Grade NPI Price Rises 21.1 Yuan/Nickel Unit WoW, Trading Volume Increases as Mills Resume Operations
Read More
SMM High-Grade NPI Price Rises 21.1 Yuan/Nickel Unit WoW, Trading Volume Increases as Mills Resume Operations
SMM High-Grade NPI Price Rises 21.1 Yuan/Nickel Unit WoW, Trading Volume Increases as Mills Resume Operations
[SMM Nickel Flash] The average price of SMM 10-12% high-grade NPI rose WoW by 21.1 yuan/nickel unit to 1,092.6 yuan/nickel unit (ex-factory, tax included). The average price of the Indonesia NPI FOB Index rose WoW by $2.22/nickel unit to $138.54/nickel unit. As the festive atmosphere gradually faded, downstream steel mills resumed operations one after another, and high-grade NPI trading volume gradually increased.
1 hour ago
One Shandong Nickel Producer Cuts Output in July on Raw Material Issues, SMM Learns - Shanghai Metals Market (SMM)