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Home / Metal News / China NPI Output Grows with Rising NPI Price, SMM Reports

China NPI Output Grows with Rising NPI Price, SMM Reports

iconAug 9, 2017 09:55
Source:SMM
China’s NPI output grew 11.5 per cent to around 35,000 tonnes in July.

SHANGHAI, Aug. 9 (SMM) – China’s NPI output grew 11.5 per cent to around 35,000 tonnes in July.

With surging price of high-grade NPI, profits at domestic RKEF NPI producers improved significantly, and this also encouraged them to run at higher rates, up from 65.5 per cent in June to 72.9 per cent in July.

China Refined Nickel Output to Grow in August, SMM Predicts

Domestic EAF NPI producers, however, showed low production enthusiasm due to market pessimism from previously big losses and no significant improvement in profits so far, which was on the loss-profit brink.

Output at domestic BF NPI producers grew slightly with profits recovering.

One Jiangsu NPI Plant to Restart Production on Optimistic Outlook, SMM Reports

SMM expects China’s NPI production to keep growing in August, with output estimated at 37,400 tonnes.

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

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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

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