Global nickel smelting activity declined in May

  • Wednesday, June 7, 2023
  • Source:ferro-alloys.com

  • Keywords:nickel, ferronickel, nickel pig iron, steel
[Fellow]In nickel, the global dispersion index fell to 41.8 in May from 43.3 in April despite gains in China. A measure of 50 points indicates that smelters are operating at the average level of the past 12 months.

[Ferro-Alloys.com] 

Global nickel smelting activity declined in May
 
In nickel, the global dispersion index fell to 41.8 in May from 43.3 in April despite gains in China. A measure of 50 points indicates that smelters are operating at the average level of the past 12 months. 
 
The Chinese nickel pig iron (NPI) index bounced to 47.1 in May from 37.9 in April, its lowest since February 2022.
Outside of China, ferronickel operations continued to struggle due to increased competition from NPI, a lower-nickel-content substitute for refined nickel, and high electricity costs in Europe, the statement said.
 
 
 
Copyright © 2013 Ferro-Alloys.Com. All Rights Reserved. Without permission, any unit and individual shall not copy or reprint!
  • [Editor:邢亚敏]

Related News

·The World Bank is betting on this company to ‘green’ the $1.6 tr...06-06
·Green metals set to attract more investment06-06
·Russian Railways: freight loading volumes from January to May 2023...06-06
·Zimbabwe aims to double power output by 2025 to meet mining demand06-06
·French mining group Eramet announces the opening of an office in ...06-06

Tell Us What You Think

please login!   login   register

  • Buy & Sell

 
Please be logged in to comment!