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|Output Of Ferro-Nickel In Japan For CY 2009 Decreased To Less Than 60,000 Tons On Ni Content|
|= Produced 58,936 Tons As Decreased By 5% From That / 08, Increased Exports Were Unable To Cover|
It was known that Japan produced 58,936 tons of Ni in ferro-nickel in the calender year (January - December) of 2009, having decreased by 5% compared with that (62,014 tons) in the preceding year of 2008. |
The quantities (on Ni content base) of ferro-nickel produced by three nickel smelting companies of Japan in the January - December of 2009 were as per the table attached hereto.
Owing to a substantial increase in exports of ferro-nickel for China, Japan was able to compensate a decline of the domestic demand for ferro-nickel from stainless steel mills and, consequently, a decrease in production of ferro-nickel in Japan for 2009 could have shrunk to only 5% in comparison with that in the preceding year of 2008. Pacific Metals produced ferro-nickel in 2009 with more quantity than that in 2008. No.7 electric furnace installed at the Hachinohe plant of Pacific Metals had been shut down for a long period because of the troubled operation occurred in December of 2009 but has finally resumed its operation. Also, Sumitomo Metal Mining has possessed two electric furnaces and one of these two furnaces commenced to reform from August of 2009, having resulted in the decreased production of ferro-nickel in October - December quarter of 2009.
Furthermore, Nippon Yakin Kogyo has been producing nickel luppes but did not export this nickel product and, therefore, the output of nickel at this company in 2009 had a considerable decrease of 22% from that in 2008.
It is presumed that Japan exported 31,500 tons of Ni in ferro-nickel in 2009, which had a remarkable increase of 69% compared to that (18,600 tons) in 2008, and this boom in exports of ferro-nickel was able to have compensated a large decrease of the domestic demand for ferro-nickel in Japan. According to the statistics released by the Ministry of Economy, Trade and Industry, the quantities (on Ni content base) of ferro-nickel exported by producers in Japan for 2009 are estimated to be <> Pacific Metals : 26,100 tons and <> Sumitomo Metal Mining : 5,400 tons. Therefore, Pacific Metals shared 82.8% of the whole export in 2009 and Sumitomo Metal Mining shared 28% of that. Accordingly, Pacific Metals exported more than 80% of their production of ferro-nickel.
The quantities (on Ni content base) of ferro-nickel exported from Japan to main destinations in 2009 were <> for South Korea : 9,000 tons, <> for China : 13,500 tons, <> for Taiwan : 7,700 tons and <> for India : 1,250 tons. Therefore, the total quantity of ferro-nickel exported from Japan to these four countries had shared a majority of the whole export in 2009. The exports of ferro-nickel from Japan to China in 2009 had a considerable increase. Owing to a depression on the world market of nickel in the first half of 2009, the production of nickel-contained pig iron in China had become sluggish and, in order to secure nickel unit, stainless steel companies in China had to incline to import more nickel.
However, China has been on a basic tone to increase their production of nickel-contained pig iron in 2010 by 30 - 40& from that in 2009 and this situation in China will become a factor to put the brake on exports of ferro-nickel from Japan.
|last modified : Thu 22 Apr, 2010 [10:52]|