Nickel Pig Iron Production Costs Diverge, Domestic Smelters Profit Amid Lower Ore Prices

Published: Jun 28, 2026 21:45

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[SMM Nickel Flash] This week, production costs of nickel pig iron in and outside China continued to diverge. The domestic price of nickel ore from the Philippines declined WoW, and coupled with stable domestic coal prices, ore-side cost advantages were further consolidated, allowing domestic smelters to maintain profitability.

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