Nickel market murderer turning up the heat

WHILE Simandou in Guinea has been dubbed by some in the iron ore sector as a ‘Pilbara killer’, what about Indonesia being the ‘nickel market murderer’?

Nickel market murderer turning up the heat Nickel market murderer turning up the heat Nickel market murderer turning up the heat Nickel market murderer turning up the heat Nickel market murderer turning up the heat

Effectively owned by the Chinese company that is the world's biggest stainless steel producer, Tsingshan, this is Morowali industrial park in Indonesia

According to numbers by Macquarie and, in particular, Ferroalloynet, 13 new RKEF furnaces were commissioned in April and 31 have started up since the start of the year (equal to around