Non-ferrous

Non-ferrous

Base Metals

Rare Earth

Scrap Metals

Minor Metals

Precious Metals

Ferrous Metals

Ferrous Metals

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

New Energy

New Energy

Solar Lithium Cobalt Ternary Precursor and Material Anode Materials Chemical Compound Lithium-ion Battery Used Lithium-ion Battery Sodium-ion Battery Hydrogen Energy Energy Storage

Dashboard DatabasePro Reports Events Car Insight

Home / Metal News / East China NPI producer Kechuang suspended production amid thin profits

East China NPI producer Kechuang suspended production amid thin profits

Mar 31, 2020 11:50

Source:SMM

High costs and falling NPI prices have pushed the producer towards the verge of losses. The company has scaled back operations in recent months, to 300-500 mt per month.

SHANGHAI, Mar 31 (SMM) – Kechuang, a small-scale high-grade nickel pig iron (NPI) producer in east China’s Jiangsu province, has suspended production after running out of nickel ore.

High costs and falling NPI prices have pushed the producer towards the verge of losses. The company has scaled back operations in recent months, to 300-500 mt per month.

SMM assessed ex-work prices of NPI with 8-12% Ni content in Jiangsu at 865-880 yuan/mtu as of Monday, the lowest in about three years. That was down more than 30% from a peak of 1,255 yuan/mtu in October 2019.

Operation update

NPI

For queries, please contact Michael Jiang at michaeljiang@smm.cn

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

Related news

FENI Supply will be Affected because of Ukrainian-Russian Conflict

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.

time

Feb 25, 2022 10:30

FENI Supply will be Affected because of Ukrainian-Russian Conflict

China’s Imports of Nickel Ore and NPI Dropped MoM in November

China imported 4.01 million mt of nickel ore and its concentrate in November, a decrease of 10% from the previous month and a year-on-year increase of 12%, According to General Administration of Customs.

time

Dec 21, 2021 10:52

China’s Imports of Nickel Ore and NPI Dropped MoM in November

Yunnan Tin to stop production for maintenance for no more than 28 days

Yunnan Tin Group, China’s largest tin producer, said late Tuesday that it would suspend production for maintenance at its smelter from June 24.

time

Jun 24, 2020 10:30

Yunnan Tin to stop production for maintenance for no more than 28 days

Exclusive: China's base metals output in May

China’s copper cathode output continued to rise in May after some of the smelters recovered from maintenance.

time

Jun 12, 2020 18:51

Exclusive: China's base metals output in May

Japanese steelmaker JFE to shut a blast furnace to optimise domestic operations

JFE, Japan’s second biggest steelmaker, said on Friday that it will close a blast furnace and other facilities at the East Japan Works (Keihin) to optimise its domestic operations. Those facilities are expected to be shut down by FY2023 (ending March 2024), bringing the company’s operating blast furnaces in Japan to seven and reducing its crude steel capacity by around 4 million mt or 13%.

time

Mar 30, 2020 11:23

Japanese steelmaker JFE to shut a blast furnace to optimise domestic operations

Jiangsu Hongshun’s 200,000 mt secondary aluminium project approved by Jiangsu government

According to a statement by Jiangsu’s ecology and environment department released on February 27, the project, located in Jianhu Shanggang Industrial Park, will be developed in two stages.

time

Mar 20, 2020 14:58

Jiangsu Hongshun’s 200,000 mt secondary aluminium project approved by Jiangsu government

East China stainless steel mills to cut cold-rolled production on high costs

A mill will suspend for about 10 days, which is expected to impact one-third of its supply for Sep

time

Sep 10, 2019 18:41

East China stainless steel mills to cut cold-rolled production on high costs

Tangshan to deepen production curbs during Aug 18-21

During that period, only one sintering machine at the northern plant of Tangshan Steel is allowed to maintain operation

time

Aug 19, 2019 14:27

Tangshan to deepen production curbs during Aug 18-21

Construction sites in Zhengzhou to close in Sep as Chinese Ethnic Games take place

The construction sites are unlikely to resume until the second half of Oct

time

Aug 16, 2019 10:07

Construction sites in Zhengzhou to close in Sep as Chinese Ethnic Games take place

Shaanxi Huanya Source’s copper recycling project to come online in Sep

The project can process up to 200,000 mt of copper scrap in a year

time

Aug 15, 2019 11:54

Shaanxi Huanya Source’s copper recycling project to come online in Sep

SMM Events & Webinars

Oct
08
- 2nd Li-ion Battery Europe 2024
  Oct 08 - 10,2024
  THE EGG BRUSSELS, BELGIUM
Jun
24
- 2024 Global Renewable Metal Industry Chain Summit
  Jun 24 - 25,2024
  To foster international cooperation and dialogue among industry colleagues
  Kuala Lumpur , Malaysia
Jun
18
- 2024 ASEAN Automotive Supply Chain
  Jun 18 - 19,2024
  Pattaya,Thailand

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 © 2024 SMM Information & Technology Co., Ltd. All rights reserved.