China’s Base Metal Output Dives in November

Reuters reported China’s base metal production fell in November, including nickel, because of lower demand and prices.

As quoted in the market news:

Nickel production dived 11 percent from a record 30,248 tonnes in October to 26,925 tonnes in November, the data showed.

November nickel output still surged 63.1 percent from a year earlier as new capacity came on stream this year. In the first 11 months, output rose 44 percent on the year to 252,411 tonnes.

Click here to read the full Reuters report.