15
Nov
04:47
Philippine nickel miners see profitable market
The two biggest Philippine nickel ore miners, Nickel Asia Corp and Global Ferronickel Holdings, saw sales volumes slip by just over -1% year-on-year in the first nine months of 2019. However, they expect higher profits on account of higher prices and the Indonesian export ban, Kallanish notes.
Although sales volumes decreased during the three quarters, Philippine nickel export volumes to China in September reached the…
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Very good overview of the weekly steel market.
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