China’s ferro-nickel, NPI imports down 7.9% in Feb vs Jan

China's imports of ferro-nickel and nickel pig iron (NPI) totaled 141,842 tonnes in February 2019, registering a drop of 7.9% or 12,217 tonnes from the prior month’s 154,059 tonnes, according to Chinese customs data.

The month-on-month drop was mainly driven by lower volumes of Indonesia-origin material entering China last month; Chinese imports of ferro-nickel and NPI from Indonesia declined by 9.1% or 10,037 tonnes to 100,405 tonnes in February from 110,442 tonnes in January. On a year-on-year basis however, February’s volume was still significantly higher than the 29,159 tonnes of Indonesian material that China imported in the same month of last year. Meanwhile, the fact that some domestic stainless steel mills in China had shut for maintenance during...

Published

Violet Li

March 29, 2019

02:56 GMT

Shanghai