China’s Nickel Imports Fall 29.4 Percent

Reuters reported Chinese imports of nickel ore from Indonesia in July fell 29.4 percent from the previous month to 1.42 million tonnes.

As quoted in the market news:

Imports from Indonesia were 2.01 million tonnes in June, down from record 4.05 million tonnes in May after top supplier Indonesia raised taxes and cut exports.

China’s total imports of nickel ore and concentrate were 5.97 million tonnes in July versus 5.77 million tonnes in June and a record 6.55 million tonnes in May.

Click here to read the full Reuters report.