Shanghai Nonferrous Metals News

Boosted by soaring demand from stainless steel producers in both China and Indonesia, NPI supply has been tight since Q2 2021. Indonesian’s NPI production is expected to grow by 32% y-o-y to 1.16 mln t (in Ni metal) in 2022, and global NPI production is expected to increase by 18.2% y-o-y.

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