A high-grade NPI producer in Shanxi began maintenance in mid-May

On the supply side: Due to large import losses, NORNICKEL nickel, Sumitomo, NIKKELVERK nickel and Nickel briquette could not pass customs clearance, the market was in shortage of pure nickel.

This is a roundup of China's metals weekly inventory as of July 2.

China’s copper cathode output increased month on month in October, as there was basically no maintenance at smelters and as large-scale smelters maintained high production in Q4. Although domestic copper scrap was in short supply in October, smelters kept relatively ample stocks of blister copper. Furthermore, as the new secondary copper policy took effect from November 1, concerns over copper scrap supply were eased.

The signing ceremony was held in Shanghai on Nov 6

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

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

This will impact production by 10,000 mt

The project put 110,000 mt capacity into operation in Mar

This is expected to impact production by about 90,000 mt

Mining and smelting firms will be particularly targeted in this round of inspections