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The Price of Imported Nickel Ore in China Could Jump More Than 50%

Jan 20, 2014

The price of imported nickel ore in China could jump more than 50%, following Indonesia's export ban on the product which took effect January 12, Macquarie Commodities Research said in a report Tuesday. Nickel ore stocks in China are ...

Tags: Nickel Ore, Export Ban

The European Stainless Steel Demand Would Fall About 3% in 2013

Aug 13, 2013

According to Damstahl’s report last Friday, the German-bases service center said the European stainless steel demand would fall about 3% in 2013. Damstahl said that the stainless steel demand remained at low level in southern ...

Tags: Damstahl, Stainless Steel

Reported Nickel Stocks Held at The London Metal Exchange

May 29, 2013

According to the World Bureau of Metal Statistics (WBMS), in the first quarter of the current year there was a nickel supply surplus of 7,000 mt in the global market. In 2012, the calculated surplus was 130,400 mt. Reported nickel stocks ...

Tags: Nickel, Q1, Metallurgy

Norilsk Will Review Production Levels and Rationalize Output on Falling Nickel Prices

May 13, 2013

According to Mr. Deripaska, a major shareholder of the world's largest nickel producer, Norilsk Nickel (Norilsk) that the company will review production levels and rationalize output on falling nickel prices by considering various market ...

Tags: Norilsk, Nickel Output

In 2012 There Was a Nickel Supply Surplus of 117,000 Mt in The Global Market

Mar 18, 2013

According to the World Bureau of Metal Statistics (WBMS), in 2012 there was a nickel supply surplus of 117,000 mt in the global market. In 2011, the calculated deficit was 3,100 mt. Reported nickel stocks held at the LME at the end of ...

Tags: nickel market, nickel, nickel supply

The Glencore-Xstrata Merger Could Be The Catalyst for a Wave of Acquisition Activity

Jan 6, 2013

The West Australian reported that Western Areas managing director Dan Lougher said that the Glencore-Xstrata merger could be the catalyst for a wave of acquisition activity in the WA nickel sector this year, with the new global giant primed ...

Tags: West Australian, Western Areas, Nickel Sector, WA nickel

Yuzhuralnickel BOD Included Into Mechel Group Decided to Suspend Production Process

Dec 27, 2012

Yuzhuralnickel BOD included into Mechel Group decided to suspend production process for a long term period and to put equipment into prolonged storage. This decision was prompted by rather long term negative trends on the world nickel ...

Tags: Yuzhuralnickel BOD, Mechel Group, production process, nickle, company news

Higher Operating Costs Remain Entrenched

Dec 27, 2012

Fitch Ratings Director Jay Djemal said that Latin American Metals and Mining observed that higher operating costs remain entrenched. The report said that “Higher operating costs will continue in 2013 for metals and mining. Cost ...

Tags: metals, Mining, mining exports, copper miners

Mechel Reported Halting Production at Southern Urals Nickel Plant OAO

Dec 26, 2012

Mechel one of the leading Russian mining and metals companies reports halting production at Southern Urals Nickel Plant OAO. Considering persistent negative trends on global nickel market and unfavorable forecasts for its recovery in the ...

Tags: halts production, mining and metals, Metallurgy

It Has Concluded The Annual Assessment of Onca Puma and Aluminum Assets

Dec 25, 2012

Vale informs that it has concluded the annual assessment of Onça Puma and aluminum assets, which will imply the recognition of an impairment charge before tax of USD 4.2 billion, thus affecting our earnings in the fourth quarter of ...

Tags: Onça Puma, aluminum assets, aluminum price, aluminum

Indonesia Accounts for Roughly 7% of The World's Total Nickel Mine Output

Dec 12, 2012

An employee works in a ferronickel smelter owned by state miner Aneka Tambang in the Pomala district in Indonesia's South Sulawesi province. The country accounts for roughly 7% of the world's total nickel mine output. Picture: REUTERS ...

Tags: nickel, copper mining news, jobs in mining, scrap metal prices

Nickel Market May Be in Balance Next Year as Demand Strengthens Amid Potential Delays

Dec 4, 2012

According to Andrew Mitchell, an analyst at researcher Wood Mackenzie Ltd, nickel market may be in balance next year as demand strengthens amid potential delays in adding supply. Following are comments made by Mr Mitchell on November 20. ...

Tags: nickel market, nickel, KONIAMBO

There Was a Nickel Supply Surplus of 89,000 Tonne in The Global Market

Nov 29, 2012

According to the World Bureau of Metal Statistics,in the January to September period of this year there was a nickel supply surplus of 89,000 tonne in the global market.In the whole of 2011,the calculated deficit was 3,100 tonne. WBMS ...

Tags: World Bureau of Metal Statistics, metal statistics, nickel

The Price of Stainless Bar in China Keeps Low at Present

Nov 28, 2012

The price of stainless bar in China keeps low at present after it moved down last week. The source’s sales volume on Wednesday was no more than 1 tonne and the best level in the peak season is 4 to 5 tonnes per day. Most producers and ...

Tags: Chinese Stainless Bar Price, steel price, steel market, stainless steel

Mr Clive Palmer Acquired Yabulu Nickel Refinery in 2009

Nov 28, 2012

The Australian reported that for Mr Clive Palmer, the bonanza flowing from his purchase of the Yabulu nickel refinery in 2009 has become part of business folklore, if not the deal's actual terms. The irrepressible businessman has always ...

Tags: Yabulu nickel refinery, nickel, nickel industry, nickel market

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