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According to Chinese customs data, the import volume of ferronickel in China in August 2024 was 522,000 tons, a decrease of 299,000 tons or 36.4% compared to the previous month, a year-on-year decrease of 388,000 tons, a decrease of 42.6%. In August, China imported 496,000 tons of ferronickel from Indonesia, a decrease of 297,000 tons or 37.5% compared to the previous month, a year-on-year decrease of 371,000 tons, a decrease of 42.8%.
The total import volume of ferronickel in China from January to August 2024 was 5.671 million tons, an increase of 475,000 tons or 9.1% year-on-year. Among them, the import of nickel iron from Indonesia was 5.455 million tons, an increase of 609,000 tons year-on-year, with a growth rate of 12.6%.