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China’s Nickel-Pig Iron Output May Rise 15%

Investing News Network
Sep. 22, 2011 02:25PM PST
Base Metals Investing

Bloomberg reported China’s production of nickel pig iron should increase to at least 300,000 metric tons next year.

Bloomberg reported China’s production of nickel pig iron should increase to at least 300,000 metric tons next year.

The market news is quoted as saying,

Nickel pig iron production should account for almost 60 percent of China’s total primary nickel output this year, according to Antaike. China should import about 30 million tons of lower-grade nickel ore next year to produce nickel pig iron, the company estimates.

For the complete market news, click here.

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