Japan Imports 81% More Nickel Ore From Indonesia

Bloomberg reported recent data shows an 81% increase in the amount of nickel-ore Japan has imported from Indonesia.

As quoted in the market news:

Inbound shipments of nickel ore from Indonesia soared to 200,176 metric tons last month, compared with 110,679 tons a year earlier, the finance ministry data showed today. Japan imported 171,685 tons of ore from Indonesia in April. Nickel is used to strengthen stainless steel.

Click here to read the full Bloomberg report.