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FNI’s net profit falls 97% to P37.5 million
Global Ferronickel Holdings, Inc. reported that its subsidiary Platinum Group Metals Corporation (PGMC) reported that net income plunged 97 percent to P37.5 million last year from P1.11 billion in 2015 amid sluggish nickel ore prices and poor weather condition... |
2016 Production Report
Vale delivered a strong operational performance in 4Q16 and in 2016, with annual and quarterly production records in iron ore, pellets, nickel, copper, cobalt and gold. |
Nickel market records deficit in January to December 2016
The Nickel market was in deficit during January to December 2016 with apparent demand exceeding production by 51.5 kt. In the whole of 2015 the calculated surplus was 73.5 kt. |
Japan’s Export of Stainless Steel Slumped Sharply in November
In November 2015, Japan totally exported 68364t of stainless steel, with a decease of 20.2 percent month over month. The average price was about $3814/t, up 5.2 percent month over month and the export volume approached to $2.607 billion. |
Indonesia’s PT Antam Q2 Nickel Output up
Indonesia’s PT Antam Tbk said that the company produced 4,930 tons of nickel in the second quarter, increasing by 15.8% from 4,258 tons in the same period of last year. |
LME Ni Inventory Stops Declining and Again Goes up to 460,000 Tons Range
LME nickel inventory continued declining since entering June, but again turned upward to 461,436 tons at the time of trade closing on June 19 (= at the time of trade opening on June 22), which reflected an increase of 2,886 tons from the prior day. This increa... |
China Imports of Unwrought nickel Dramatically Increased M.O.M in April 2015
[Ferro-Alloys.com]China’s unwrought nickel import volume was 18,234mt in April, up by 215% M-O-M(5,774mt) and up by11.7% Y-O-Y(16,319mt). |
Nickel Output of Global Big 15 Nickel Enterprises Declined by 11%.
From 2006 to 2014, the total nickel output of global big 15 nickel enterprises declined by 11%. In addition to the four enterprises of PT Vale Soroako, Jinchuan, |
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