[SMM Nickel Market Flash] Indonesia Nickel Industry Seeks Clarity on Whether NPI Falls Under Mandatory DSI Export Rule

Published: May 29, 2026 23:56

Save

The Forum Industri Nikel Indonesia (FINI) has formally requested government clarification on the scope of ferro alloy products that will be required to export through PT Danantara Sumberdaya Indonesia (DSI), Indonesia's newly established single-window export body. FINI Chairman Arif Perdana Kusumah said the industry is still awaiting an official commodity list, with the key open question being whether the mandatory DSI routing applies only to ferronickel (FeNi) or also to nickel pig iron (NPI). Ferronickel, a nickel-iron alloy with typical nickel content of 20-40%, is a key feedstock for stainless steel. The uncertainty adds to operational planning challenges for NPI producers as the DSI framework takes shape.

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 for 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

1 hour ago

SMM Nickel Flash: NPI Market Sentiment Weakens as Futures Drop and Trading Cools

[SMM Nickel Flash] June 26 news: SMM's high-grade NPI market sentiment factor stood at 2.12, down 0.06 MoM; the upstream sentiment factor for high-grade NPI was 2.44, down 0.08 MoM; and the downstream sentiment factor for high-grade NPI was 1.79, down 0.04 MoM. Futures continued to drop today, and the SHFE/LME price ratio advantage of nickel plate became prominent, leading to an overall weakening of the NPI market. The previous tight spot cargo logic was questioned, bargaining games intensified in the market, and trading cooled significantly.

1 hour ago

[NPI Daily Review] The SHFE/LME price ratio advantage of nickel plate stands out, and NPI market trading continues to weaken.

[SMM Daily Review: Nickel Plate SHFE/LME Price Ratio Advantage Prominent; NPI Market Trading Continues to Weaken] June 26 news, SMM high-grade NPI upstream sentiment factor stood at 2.52, down 0.07 MoM, while the downstream sentiment factor was 1.83, down 0.03 MoM.

1 hour ago

2 hours ago

SMM Battery-Grade Nickel Sulphate Price Drops 100 Yuan/mt on June 26

According to SMM data, on June 26, the SMM average price for battery-grade nickel sulphate fell 100 yuan/mt from the previous day.

2 hours ago