Indonesia's Nickel Ore Supply Constraints Highlighted at Nickel-Chromium-Manganese Stainless Steel Conference

Published: Nov 6, 2024 10:57

Save

[SMM News] At the 9th Nickel-Chromium-Manganese Stainless Steel Conference, Denis Sharypin, Strategic Marketing Director of Russian Nickel, stated that the supply of nickel ore resources in Indonesia remains constrained. Due to reduced mining quotas and the impact of the rainy season, exports of primary nickel products have decreased. Indonesia's imports of nickel ore from the Philippines have also increased as the price difference between HPM and actual transactions widens. Additionally, the nickel content in ferronickel has declined from 13% in 2023 to 12.2% in 2024.

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.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

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

Related News

20 hours ago

[SMM Analysis] Influenced by macro sentiment, MHP and high-grade nickel matte prices declined this week.

Affected by macro sentiment, MHP and high-grade nickel matte prices declined this week.

20 hours ago

21 hours ago

[SMM Analysis] The market experienced panic selling this week, and nickel prices plummeted.

21 hours ago

Data: SHFE, DCE market movement (Feb 06)

The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on 06 Feb , 2026

21 hours ago