China reduces nickel pig iron production as global economic changes
According to expert forecasts, China's nickel pig iron production in April was expected to be approximately 27,000 tons of nickel equivalent, decreasing by 2.52% from March.
One of the factors affecting China's nickel pig iron production was the fluctuation of global nickel demand. Moreover, the global economic changes including trade wars and industrial policies of various countries, may have a significant impact.
China's nickel pig iron industry was facing serious profitability challenges, causing some factories to suspend production, thus affecting output.
