China's Refined Nickel Imports Totalled 14,441 mt in Dec 2022

Published: Feb 14, 2023 15:36
Source: SMM
China imported 14,441 mt of refined nickel in December 2022, down 0.55% MoM and 46.41% YoY.

SHANGHAI, Feb 14 (SMM) - According to customs data, China imported 14,441 mt of refined nickel (including unwrought unalloyed nickel with the total amount of nickel and cobalt ≥99.99% and cobalt ≤0.005%, and other unwrought unalloyed nickel) in December 2022, down 0.55% MoM and 46.41% YoY.

Among them, the imports of other unwrought alloy nickel accounted for 86.89% of the total imports and stood at 12,547 mt, a drop of 47% year-on-year. The import volume of unalloyed nickel powder and flake powder (HS code 75040010) was 1,670 mt, up 67.78% MoM, but down 61.91% YoY.

Imports of nickel briquette amounted to 2,746 mt, down 18.145% from the previous month and down 53% on a yearly basis. The biggest supplier of pure nickel imports was Russia (7,582 mt), followed by Australia (1,608 mt), Canada (1,600 mt), and Norway.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

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