Don’t expect any changes to nickel ore ban, Indoferro says

Indonesia is highly unlikely to reverse or change its ban on exports of nickel ore, an executive from Indoferro, one of the country’s first nickel pig iron producers, told Metal Bulletin.

The export ban, enacted on January 12, has shut off a key source of nickel ore, leading to higher prices for refined nickel as the economics of the stainless steel supply chain are reshuffled. 
There has been speculation that the ban could be relaxed by an incoming government following presidential and parliamentary elections this year. But Brian Chan, marketing director of PT Indoferro, dismissed this.
“We think the government stance on this will be pretty firm,” he said, speaking on the sidelines of the 15th Metal Bulletin Asian Ferro-Alloys conference in Hong Kong last week.

Firstly, he noted, none of the people running for president is proposing any change in the...


Steel MR

April 07, 2014

09:03 GMT

Hong Kong