China Daily reported that China's nickel pig iron output in 2013 may rise 25% more than previously forecast as costs decline curbing nickel imports Japan's top producer of the metal said.
Mr Toru Higo general manager of nickel sales and raw materials at Sumitomo Metal Mining Co said that “China's output of nickel pig iron a substitute for low grade ore from Indonesia and the Philippines will reach 300,000 tonne in 2013.”
Sumitomo's October projection was for 240,000 tonne Nickel used for corrosion resistance in stainless steel has fallen 11% in the past 12 months.
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