Category: Non Ferrous
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Chinese nickel producers consider joint output cuts in Indonesia; stainless steel futures rise
Higher production costs, ore supply constraints weigh on profits Actual implementation of proposed cuts remains uncertain Nickel supply concerns intensified on October 21 as major Chinese nickel producers reportedly discussed coordinated production cuts at their Indonesian facilities. The proposed measures could extend beyond battery-related nickel intermediates to include nickel pig iron (NPI), a key raw…