Home / Metal News / Bonded Zone Inventory of Nickel Drops Slightly from February 24

Bonded Zone Inventory of Nickel Drops Slightly from February 24

iconMar 3, 2023 16:19
Source:SMM
Bonded zone inventory of nickel dropped 1,000 mt to 5,600 mt WoW as of March 3.

SHANGHAI, Mar 3 (SMM)-Bonded zone inventory of nickel dropped 1,000 mt to 5,600 mt WoW as of March 3, with the inventory of nickel briquettes and nickel plates standing at 1,470 mt and 4,130 mt respectively. Nickel plate inventory fell more in the week as the import window was still open and the spot transactions picked up slightly amid the dropping nickel prices. Nickel briquette demand from the stainless steel sector was low, thus the bonded zone inventory of nickel briquettes stood flat WoW this week.


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

For queries, please contact Lemon Zhao at lemonzhao@smm.cn

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

Related news