NewsFlash / Nickel / Morning Meeting Summary: Nickel-Iron Plants' Marginal Profit, Nickel Ore Market Updates
Morning Meeting Summary: Nickel-Iron Plants' Marginal Profit, Nickel Ore Market Updates
iconJan 27, 2025 09:10
Source:SMM
[1.27 Morning Meeting Summary] Domestic nickel-iron plants are still operating at a loss, with only slight profit recovery, maintaining just-in-time procurement. The Philippine nickel ore market sees reduced supply during the off-season, while Indonesian laterite nickel ore trading remains active, with prices fluctuating upward and stable ocean freight rates. The Indonesian government stated that production cuts mainly target newly established and unapproved companies, with limited impact on overall supply...
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