Indonesia's RKAB approval is slow and superimposed on the Spring Festival effect, ferronickel imports in February fell 17% month-on-month
- Mar 21, 2024, at 6:21 pm
- SMM
Slow approval of Indonesian RKAB combined with Chinese New Year effect led to a 17% decrease in nickel pig iron imports in February. According to data from the General Administration of Customs of China, China's nickel pig iron imports in January 2024 were 890,000 tons, up 11.81% month-on-month and 73.49% year-on-year.