China faces nickel shortage on low imports, demand
China faces a shortage of spot
refined nickel due to fewer imports and stronger demand from
stainless steel mills, traders said on Thursday.
"A client is looking to buy 200 tonnes. They have not been
able to get it locally," a manager at a trading firm in Inner
Mongolia said.
"The client does not want to import due to higher prices,"
he added.
The manager said the client, a stainless steel mill,
received extra orders and was raising production.
Large stainless steel mills also were raising production
after cutting output in July and August.
http://keyinvest.ibb.ubs.com/ki/hk/en/hkwarrant/newsbody.ki?newsid=5832156
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Footnote: My guess is our dopey troll has been downramping and slagging constructive posters once again. I liked Nickbou's poem except Melua is a girl. Perhaps she is big and fat. Lets hear a poem about that Nickbou!
China faces nickel shortage on low imports, demandChina faces a...
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