Shanghai Nonferrous Metals News

China produced 33.54 kt (in Ni metal) of NPI in December 2021, up by 8.06% m-o-m; China’s total NPI production reached 408.7 kt (in Ni metal) from January to December 2021, down by 18.8% y-o-y but in line with industrial expectations for the year.

Looking forward to January 2022, China NPI production is expected to drop slightly m-o-m as domestic NPI smelters are disinterested in increasing production amid higher production costs and larger stocks before the Chinese New Year holiday.


CM Group Newsletter

Sign up to the CM Group newsletter to receive regular publications.