SMM10, March 28-Castle Peak Mining says it is buying nickel concentrate for production at its stainless steel plant in China.
Castle Peak, a leading stainless steel producer, is hoarding nickel pig iron in anticipation of a decline in supply of nickel pig iron to China next year.
Traders have cut LME warehouse receipts to their lowest level in 12 years after Indonesia said it had banned the export of nickel mines, while supplies of nickel mines and nickel pig iron in China have also been tight.
"Click to sign up for a thousand people event in China's non-ferrous metals industry.
Share the China Nonferrous Metals Industry Annual meeting registration link to the circle of friends or WeChat group of more than 100 people, and send screenshots to the WeChat account below to get the right to view "SMM Metal Breakfast" for one year (the original price is 300 yuan / year).
Scan QR code plus WeChat
![[SMM รีวิวรายวันนิกเกิลซัลเฟต] ราคานิกเกิลร่วงหนักวันที่ 16 กันยายน ราคานิกเกิลซัลเฟตปรับตัวลดลง](https://imgqn.smm.cn/usercenter/LNpBh20251217171732.jpeg)
