Higher domestic capacity pressures China’s Class 1 nickel import premiums

Premiums for full plate nickel cathode imported into China dropped on Tuesday August 29 due to intensified competition from increasing domestic supply, sources told Fastmarkets.

Fastmarkets' weekly assessment of the nickel min 99.8% full plate premium, in-whs Shanghai was $50-200 per tonne on Tuesday, down by 60.32% week on week after remaining stable at $280-350...