China's nickel ore imports from Indonesia rose 26.5% year-on-year in August...
BEIJING - China’s nickel ore imports from Indonesia rose 26.5% year-on-year in August, customs data showed on Wednesday, as stainless steel producers stocked up on raw materials ahead of a ban on exports from the Southeast Asian country.
That was the highest monthly number since September 2018 but was 7.5% lower year-on-year, data from China’s General Administration of Customs showed. Shipments from the Philippines, China’s biggest supplier of nickel ore and its most obvious source of alternative supply, came in at 3.99 million tonnes last month, up 13.2% from July. That was the highest monthly total since October but was down 16.8% from August 2018.
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