29
Sep
10:51
Ningbo Lygend to produce ferronickel in October
China's Ningbo Lygend plans to commission its ferronickel plant on Indonesia's Obi island in mid-October, Kallanish notes.
The No.4 rotary kiln electric furnace (RKEF) will be the first to start production, and the remaining seven RKEFs will be completed in the following months. Ningbo Lygend has cooperated with Indonesia's Halida Mining Company to launch the ferronickel project on Obi island, North Maluku in late 2019. MCC Baoye and&nbs…
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Very good overview of the weekly steel market.
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