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[Ferro-Alloys.com] Indonesia ore exports to China declined. Some small type of mines stopped production for they did not have the right to export after the ore export ban issued by Indonesia government in 2014. High grade nickel ore imports volume from Indones...

In the morning of May 29, 2015 , Li Qiang, the General Manager of Al Tianjin International Trade Co., LTD., made an excellent speech about Chinese Ferro-Nickel market movements on the second half of 2015 during the 12th China Ferro-Alloys International Confer...

He stressed that, because of competition, the output of China stainless steel increased constantly. In 2014, it was about 21,690,000mt, it is estimated that it would be 23,500,000mt in 2015, and in 2016, it would be 25,000,000mt.

According to International Nickel Study Group (INSG), surplus in global nickel market dropped to 100 tons in March compared to a surplus of 10,600 tons during the same month a year ago.

According to statistics released by the United States Department of Commerce, the country exports of nickel scrap totaled 2,337 tons in March, soaring by 24.9% compared to the same period of last year.

Canada’s Sherritt International Corporation said the nickel output for the Ambatovy Joint Venture totaled 3,100 tons (100% basis) in April, climbing by 1% compared to the last month.

Indonesia’s PT Antam Tbk said that the company produced 4,512 tons of nickel in the first quarter, increasing by 35.9% from 3,320 tons in the same period of last year.

According to Customs Statistic of China, the ferronickel import in Mar 2015 was 38816 tons, up by 26.8% M-o-M, and up by 177 Y-O-Y. Meanwhile, the Unwrought Nickel import volume was 5774 tons, down by 44.8% M-O-M and down by 52% Y-O-Y.