China's refined nickel import dips in Feb

Published: Mar 26, 2018 17:19

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China imported 14,710 mt of refined nickel and its alloy in February, down 44.9% month on month, and down 7.9% year on year, according to China Customs.

SHANGHAI, Mar 26 (SMM) – China imported 14,710 mt of refined nickel and its alloy in February, down 44.9% month on month, and down 7.9% year on year, according to China Customs. This is mainly due to the increase in import tax for materials such as Norilsk nickel since January 2018. Many buyers have already stocked up at the end of 2017.

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