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Nickel Ore:
According to data from the China Nonferrous Metals Industry Association (CNIA), China's output of nickel concentrate in April was 7,062 mt, up 0.48% MoM, and down 14.72% YoY. Output of nickel concentrate remains stable.
Refined Nickel:
According to data from CNIA, China's output of refined nickel in April was 13 kt, up 4.14% MoM, but down 2.72% YoY. Output remains stable. Jinchuan Group announced on May 25th it would shut flash furnaces for cold repairs, and the maintenance cycle is expected to last 140 days, significantly reducing output.
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