10
Mar
17:47
Indonesia to add nickel capacity in tight market
As nickel prices continue to hit new highs following the absence of Russian nickel from key markets, Indonesia, the world’s largest nickel producer, is set to raise nickel production capacity, Kallanish learns from Bloomberg.
Nickel metal capacity to be added this year is 393,000-400,000 tonnes/year, which will boost total capacity in the country to up to 1.4 million t/y, according to Coordinate Minister for Investment and Maritime Affarirs Luhut Panjaitan. …
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Anonymous
Very good overview of the weekly steel market.
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