China’s Nickel Pig Iron Plant News: Zero Output in Novenber

Published: Nov 3, 2017 11:12
Recently one high-nickel pig iron plant began to do maintenance, mainly to coordinate with stricter environmental protection requirements to overhaul desulfurizers.

SHANGHAI, Nov.3 (SMM)-Recently one high-nickel pig iron plant in Inner Mongolia began to do maintenance, mainly to coordinate with stricter environmental protection requirements to overhaul desulfurizers. Meanwhile high-nickel pig iron suspends production which is estimated to last for at least 20 days, This plant has the capacity of high-nickel pig iron of 5,400 tonnes. With 3,500 tonnes’ physical quantity output in October, the figure in November is expected to drop to zero.


The article is edited by SMM and is provided for information purpose only. It does not mean SMM agress with its views and SMM assumes no liability for accuracy of information contained or quoted in the article.
 

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 for 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
Domestic High-Grade NPI Costs Drop, but Profit Margins Squeeze Amid Falling Selling Prices
39 mins ago
Domestic High-Grade NPI Costs Drop, but Profit Margins Squeeze Amid Falling Selling Prices
Read More
Domestic High-Grade NPI Costs Drop, but Profit Margins Squeeze Amid Falling Selling Prices
Domestic High-Grade NPI Costs Drop, but Profit Margins Squeeze Amid Falling Selling Prices
[SMM Nickel Flash] Domestic high-grade NPI production costs declined this week. Lower Philippine nickel ore prices, coupled with a pullback in coke prices, reduced smelting raw material costs. However, NPI selling prices fell significantly over the same period, dragging on profitability and narrowing profit margins for domestic smelters.
39 mins ago
SMM 10-12% High-Grade NPI Price Drops to 1,095.5 Yuan/Unit, Indonesia NPI FOB Index Falls to $141.14/Unit
40 mins ago
SMM 10-12% High-Grade NPI Price Drops to 1,095.5 Yuan/Unit, Indonesia NPI FOB Index Falls to $141.14/Unit
Read More
SMM 10-12% High-Grade NPI Price Drops to 1,095.5 Yuan/Unit, Indonesia NPI FOB Index Falls to $141.14/Unit
SMM 10-12% High-Grade NPI Price Drops to 1,095.5 Yuan/Unit, Indonesia NPI FOB Index Falls to $141.14/Unit
[SMM Nickel Flash] The average price of SMM 10-12% high-grade NPI fell by 17.7 yuan/nickel unit WoW to 1,095.5 yuan/nickel unit (ex-factory, tax included), while the average price of the Indonesia NPI FOB index dropped by $2.93/nickel unit WoW to $141.14/nickel unit. This week, the high-grade NPI market continued to weaken, with the price center moving steadily lower. Upstream and downstream price negotiations intensified, and the market entered a stalemate, consolidating at lows.
40 mins ago
[SMM Analysis] High-Grade NPI Prices Decline as Supply Recovers and Market Activity Slows
54 mins ago
[SMM Analysis] High-Grade NPI Prices Decline as Supply Recovers and Market Activity Slows
Read More
[SMM Analysis] High-Grade NPI Prices Decline as Supply Recovers and Market Activity Slows
[SMM Analysis] High-Grade NPI Prices Decline as Supply Recovers and Market Activity Slows
The average price of SMM 10-12% high-grade NPI fell WoW by 17.7 yuan/nickel unit to 1,095.5 yuan/nickel unit (ex-factory, tax included), and the average price of the Indonesia NPI FOB index fell WoW by $2.93/nickel unit to $141.14/nickel unit. This week, the high-grade NPI market continued to weaken, with the price center shifting steadily lower. Price negotiations between upstream and downstream intensified, and the market entered a phase of stagnant consolidation at lows.
54 mins ago