掀开奶罩边躁狠狠躁苏玥视频,无码专区3d动漫精品,去阳台跪着把屁股抬起来,精品国产丝袜黑色高跟鞋


Nickel Price Dependent on Demand from Chinese Stainless Steel Mills

  • Thursday, July 23, 2015
  • Source:ferro-alloys.com

  • Keywords:Benchmark nickel,Chinese stainless steel mills,nickel pig iron production
[Fellow]Reuters reported that while the prospect of nickel supply tightness has “put a floor under prices,” a true recovery won’t happen until Chinese stainless steel mills increase their orders. When that happens, global stockpiles of the metal should begin to sin...

Reuters reported that while the prospect of nickel supply tightness has “put a floor under prices,” a true recovery won’t happen until Chinese stainless steel mills increase their orders. When that happens, global stockpiles of the metal should begin to sink.

Benchmark nickel on the London Metal Exchange fell to six-year lows of $10 430/t last week on worries about demand, particularly after a tumble in Chinese equities.

Prices have climbed back to around $11 500 yet remain at just half the $21 625 hit in May 2014 after Indonesia banned nickel ore exports.

The sell-off that followed that peak was triggered by suppliers in the Philippines who moved to supply ore to Chinese smelters, which produce nickel pig iron, a cheaper alternative to refined nickel that costs around $15 000/t to make.

Chinese nickel pig-iron producers are losing money and have cut output.

Analysts estimate China’s nickel pig-iron production fell about 25% year-on-year between January and May to below 170 000 t.

Jim Lennon, senior commodities consultant at Macquarie, commented:With Chinese nickel pig iron production falling sharply you are seeing the market gradually move into balance, possibly into deficit.

  • [Editor:Juan]

Tell Us What You Think

please login!   login   register
Please be logged in to comment!
主站蜘蛛池模板: 宁海县| 名山县| 合山市| 玉溪市| 陈巴尔虎旗| 辽源市| 万山特区| 浮梁县| 甘德县| 自治县| 河北省| 和顺县| 星子县| 朝阳县| 将乐县| 金乡县| 新龙县| 宕昌县| 九龙城区| 阿鲁科尔沁旗| 措勤县| 九龙县| 安陆市| 桂东县| 金寨县| 沭阳县| 土默特左旗| 永嘉县| 科尔| 若尔盖县| 郴州市| 嘉定区| 保亭| 岑巩县| 万山特区| 贵定县| 乃东县| 新余市| 临海市| 嵊泗县| 菏泽市|