13
Dec
03:05
Indoensia lifts nickel ore royalties to support prices
Indonesia plans to increase royalties on sales of nickel ore and nickel pig iron from 25 December, Kallanish notes. Market participants think the government's decision aims to further incentivise downstream processing into higher value-added materials.
According to new government regulations, Indonesia will double royalty on sales of the ore to 10%. It will also impose a 5% royalty on sales of nickel pig iron, and 2% r…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous