China’s ferronickel imports down 23% in Feb

Recently, the conflict between Russia and Ukraine has caused many worries in the financial market. With the further aggravation of the situation, both domestic and foreign nickel prices have risen sharply, among which SHFE nickel prices have once again been set a record high.

China imported 299,000 mt of NPI and ferronickel in October 2021, a decrease of 2.42% month-on-month but a growth of 10.09% year-on-year, according to customs data.

A fire broke out in the ferronickel smelting furnace at the nickel smelter in southeast Sulawesi, Indonesia yesterday at 4:00 p.m. According to sources, the furnace is located in Konawe and belongs to the PT.Obsidian stainless steel mill. The fire is currently affecting only one smelting furnace production line. The output of one ferronickel production line is expected to be 650 mt/month in Ni content under normal production. The impact caused by the fire is not significant.

China imported 306,500 mt of NPI and ferronickel in September 2021, a decrease of 12.34% month-on-month and 10.09% year-on-year, according to customs data.

This round of intensive environmental probes in June is likely to affect output of nickel pig iron by 5,108 mt in metal content

All nickel pig iron (NPI) plants in Inner Mongolia province, except for one in Tongliao city, suspended production as environmental inspectors settled on June 6

Indonesia and the Philippines are likely to export 48.8 million mt nickel ore to China in 2018

Nickel pig iron (NPI) is likely to account for close to 60% of the raw material supply for stainless steel from 2019, according to senior analyst of nickel at SMM, Wang Cong.

China's nickel pig iron (NPI) production in February stood at 34,400 mt, down 6.9% month on month but up 6.1% from February 2017, SMM data showed.

Macrolink plans to ship NPI from its Indonesian project to China in September, Shanghai Metals Market learns.