Refined Nickel Imports Totalled 4,443 mt in March, and Imports of Nickel Powder Stood at 1,310 mt

Published: May 16, 2023 15:44
Source: SMM
According to customs data, China imported 4,443 mt of refined nickel in March.

SHANGHAI, May 16 (SMM) - According to customs data, China imported 4,443 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 March, down 52.18% MoM and 76.87% YoY. The imports of other unwrought alloy nickel accounted for 51.63% or 2,293 mt, down 86.6% YoY. In addition, imports of unalloyed nickel powder and flake (75040010) in March were 1,310 mt, down 35.18% MoM and 58.35% YoY. The import volume of nickel briquettes stood at 1,334 mt, up 37.32% MoM but down 78% YoY. The top suppliers of imports in March 2023 are Japan (1,494 mt), Australia (1,234 mt), Norway (526 mt), and Canada (340 mt). The nickel plate imports from Russia crashed to 0 mt in March 2023.

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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