Nickel Q3 forecast 2015 from Fastmarkets, page-25

Oct 19, 2015 04:41 GMT Source:SMM
Tags: China NPI price, npi price, ni prices

SHANGHAI, Oct. 19 (SMM) – How Chinese NPI projects in Indonesia progress? Shanghai Metals Market gives you the latest update of major projects as of early October.
According to SMM’s October survey, there is no change in expected commissioning of Chinese NPI projects in Indonesia from September.

	Column 1	Column 2	Column 3	Column 4	Column 5
0	Company​	Design Capacity (1,000 mt, Ni content) ​	Output in 2015E   (1,000 mt, Ni content)​	Expected Commissioning ​	Possibility of Commissioning ​
1	PT Century Metal Indo.​	1.8​	0.9​	March 2015​	In   operation​
2	Tsingshan   Group Phase 1​	30​	20​	April 2015​	In   operation​
3	Zhenshi   Group​	2.2​	0.6​	August 2015​	In   operation​
4	TDJ​	2.4​	0.6​	August 2015​	In   operation​
5	Indonesia Jinlin Nickel Industry​	1.6​	0.4​	September 2015​	In   operation​
6	Tsingshan   Group Phase 2​	60​	0.0​	December 2015​	★★★★★​
7	Ningbo   Brillimetal Company​	2.2​	0.1​	December 2015​	★★★★★​
8	Ifishdeco​	4.3​	0.3​	December 2015​	★★★★​
9	Total​	102.7​	21.9​

Note: The name of the TDG Company is actually TDJ.
SMM survey finds that during the early phase of projects, NPI produced with EAF in Indonesia has no cost advantage for shipment to China. RKEF-based NPI in Indonesia enjoys lower cash costs than that in China, but it has no obvious advantage in full costs for shipment to China