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Large FeNi Producer in Jiangsu Cut Production Largely-China

Wednesday, November 5, 2014
Source:ferro-alloys.com

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Keywords:FeNi ferronickel nickel ore

[Fellow]In early Nov., one large FeNi producer in Jiangsu province had cut down 2/3 of the production. According to the source, as the the main reason was the weak FeNi market made the enterprises suffer great pressure.

[Ferro-alloys.com]In early Nov., one large FeNi producer in Jiangsu province had cut down 2/3 of the production. According to the source, as the the main reason was the weak FeNi market made the enterprises suffer great pressure. In addition, the producer stocked much nickel ores in early time, which occupied much fund. Working capital shortage forced them to cut down the output.

Besides, the poor market situation and the APEC conference had already resulted in a wide range of cut-off in Inner Mongolia, Shandong, Hebei, and Henan provinces.

[Editor:Juan]

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