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Nickel ore inventories at Chinese ports rose 77,000 wmt to 5.37 million wmt
Apr 30,2021 15:29CST
Source:SMM
Nickel ore inventories across all Chinese ports expanded 77,000 wmt from the previous week to 5.37 million wmt as of April 30, showed SMM data. 

SHANGHAI, Apr 30 (SMM)—Nickel ore inventories across all Chinese ports expanded 77,000 wmt from the previous week to 5.37 million wmt as of April 30, showed SMM data. 
In Ni content, the stocks rose 600 mt to 42,400 mt. 
SMM data also showed that nickel ore stocks across seven major Chinese ports increased 37,000 wmt during the same period to 3.98 million wmt. 
Demand for low-nickel high-iron ore slid as poor profits drove stainless steel mills to shift production of #200 stainless steel to other series.

Nickel ore
Inventory data

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