Non-ferrous

Non-ferrous

Base Metals

Rare Earth

Scrap Metals

Minor Metals

Precious Metals

Ferrous Metals

Ferrous Metals

Iron Ore Index Iron Ore Price Coke Coal Pig Iron Steel Billet Finished Steel

New Energy

New Energy

Solar Lithium Cobalt Cathode Material Phosphorus Carbon Anode Separator Electrolyte Battery Cell And Module Battery Recycling Nickel And Manganese Other Materials Sodium-ion Battery Hydrogen Energy

Price Center DatabasePro Reports Events Car Insight

Home / Metal News / Exclusive: Nickel briquette price update after tariff hike

Exclusive: Nickel briquette price update after tariff hike

Jan 19, 2018 14:03

Source:SMM

Premiums of non-original briquette for foreign trade are $140-150/mt while premiums of original briquette traded higher at $300/mt due to tight supply.

SHANGHAI, Jan 19 (SMM)－Premiums of non-original briquette for foreign trade are $140-150/mt while premiums of original briquette traded higher at $300/mt due to tight supply. In China, spot briquette on the Wuxi Stainless Steel Market saw discounts of 700 yuan/mt while Russian nickel saw discounts of 200 yuan/mt.

China’s domestic steel mills and nickel sulfate plants are leaning towards nickel briquette after import tariffs of Russian nickel rose 1% to 2%. Chinese companies use mainly Russian nickel due to trade restrictions. Globally, most briquette is from Australia and Madagascar.

For editorial queries, please contact Daisy Tseng at daisy@smm.cn
For more information on how to access our research reports, please email service.en@smm.cn

nickel

Russia

premiums

briquette

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

For queries, please contact Lemon Zhao at lemonzhao@smm.cn

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

Related news

INSG：Global Nickel Market was Oversupplied by 6,000 mt In January 2022

The Lisbon-based International Nickel Study Group (INSG) released data on Monday March 21, showing that in January 2022, the global nickel market was oversupplied by 6,000 mt, while there was a supply shortage of 5,300 mt in the same period last year.

time

Mar 22, 2022 11:37

INSG：Global Nickel Market was Oversupplied by 6,000 mt In January 2022

Aluminium Continued to Fall. EU Put New Sanctions on Russia.[SMM Aluminium Morning News]

The most-traded SHFE 2204 aluminium contract opened overnight session at 21,800 yuan/mt, with the lowest and highest prices at 21,655 yuan/mt and 21,885 yuan/mt before closing at 21,730 yuan/mt, down 175 yuan/mt and up 0.8% than Monday.

time

Mar 15, 2022 09:52

Aluminium Continued to Fall. EU Put New Sanctions on Russia.[SMM Aluminium Morning News]

Indonesia President Re-iterated Bans on Nickel Mineral Exports

According to sources, Indonesian President Jokowi admitted that the ban on raw ore export had not been without challenges, as the European Union (EU) has filed a lawsuit against Indonesia’s nickel ore export ban at the World Trade Organization (WTO).

time

Mar 2, 2022 15:33

Indonesia President Re-iterated Bans on Nickel Mineral Exports

LME Aluminium Hit a New High Since 2008 Driven by Military Conflicts between Russia and Ukraine

Russia started military operations against Ukraine today at noon, which pushed up aluminium futures prices significantly.

time

Feb 24, 2022 14:16

LME Aluminium Hit a New High Since 2008 Driven by Military Conflicts between Russia and Ukraine

SMM Evening Comments (Dec 31): Shanghai Nonferrous Metals Mostly Closed with Gains amid Encouraging China PMI for December

Shanghai nonferrous metals mostly closed in the positive territory as the market was cheered up by the macro front, as China released its December official manufacturing and non-manufacturing PMI readings, which topped market expectation.

time

Dec 31, 2021 19:00

SMM Evening Comments (Dec 31): Shanghai Nonferrous Metals Mostly Closed with Gains amid Encouraging China PMI for December

BHP Billiton: Demand for Primary Nickel by Battery Industry to Grow over 500% in 2020-2030

CATARC Co. recently released the "2021 Energy-saving and New Energy Vehicle Development Report."

time

Dec 31, 2021 13:31

BHP Billiton: Demand for Primary Nickel by Battery Industry to Grow over 500% in 2020-2030

SMM Morning Comments (Dec 14): Shanghai Base Metals Basically Trended Lower amid A Cautious Market

Shanghai base metals basically trended lower amid a cautious market which expected the Fed to wrap up the bond purchasing program early than estimate. Meanwhile, their counterparts on LME mostly closed in the positive zone.

time

Dec 14, 2021 10:00

SMM Morning Comments (Dec 14): Shanghai Base Metals Basically Trended Lower amid A Cautious Market

SMM Morning Comments (Dec 10): Base Metals Fell across the Board amid Stronger Risk Aversion Sentiments

Shanghai base metals basically trended higher on Friday morning. Meanwhile, their counterparts on LME trended mixed.

time

Dec 10, 2021 10:00

SMM Morning Comments (Dec 10): Base Metals Fell across the Board amid Stronger Risk Aversion Sentiments

A Philippine Nickel Mine Will be Decommissioned in End-2021, Global Nickel Supply May Tighten Further

DMCI Holdings Inc said on Wednesday that its Berong nickel mine in the Philippines is expected to run out of resources before the end of the year, and the mine will be decommissioned and repaired.

time

Dec 1, 2021 17:23

A Philippine Nickel Mine Will be Decommissioned in End-2021, Global Nickel Supply May Tighten Further

GEM Plans to Commission Nickel Resource Project in Indonesia in Early 2022

GEM stated that the main key equipment of the company's nickel resource project will be officially shipped to Indonesia and completed in mid-May 2021.

time

Nov 30, 2021 10:57

GEM Plans to Commission Nickel Resource Project in Indonesia in Early 2022

SMM Events & Webinars

Oct
14
- SMM LME Metals Seminar 2025
  Oct 14 - 14,2025
  London , the United Kingdom
Oct
20
- Li-ION BATTERY China
  Oct 20 - 21,2025
  Xiamen, China
Oct
20
- APAC (10th) Ni-Cr-Mn Stainless Steel & New Energy Conference 2025
  Oct 20 - 21,2025
  Xiamen, China

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 © 2025 SMM Information & Technology Co., Ltd. All rights reserved.