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Declines in China Nickel Ore Inventories Expand, SMM Reports

Feb 27 2017


Nickel ore inventories at seven major Chinese ports dropped at a quicker pace last week after a small decline in the week ending February 17, Shanghai Metals Market reported.
SHANGHAI, Feb. 24 (SMM) – Nickel ore inventories at seven major Chinese ports dropped at a quicker pace last week after a small decline in the week ending February 17, Shanghai Metals Market reported.
Nickel ore inventories at seven major Chinese ports were down 265,000 mt last week from the decline of 50,000 mt two weeks ago, according to SMM data.