13
Nov
09:27
Global Ferronickel confirms more nickel ore supply to Baosteel
Philippine miner Global Ferronickel Holdings (GFNI) has confirmed that it will supply 1.3 million wet metric tonnes of nickel ore to China Baowu Group's Baosteel Resources International, 30% more than the contract the previous year, Kallanish notes.
"The rapid recovery of the Chinese economy from the impact of Covid-19 has boosted the demand for nickel ore in the world's largest stainless steel producer. The pace of recovery is expected…
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Anonymous
Very good overview of the weekly steel market.
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