SHANGHAI, Mar 9 (SMM) - The domestic refined nickel output in February increased 5.49% on the month and 33.9% on the year to 17,300 mt. Total refined nickel output increased in February in line with expectations as the new capacity of electrowinning nickel was fully released in February. In addition, the electrowinning nickel capacity of some enterprises was still in the expansion stage during February.
![[SMM Analysis] Influenced by macro sentiment, MHP and high-grade nickel matte prices declined this week.](https://imgqn.smm.cn/usercenter/CWsEw20251217171732.jpeg)

