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Nickel Productions In Japan In Feb. / 10 Increased Compared To Those In Same Month / 09
= Output Of Ferro-Nickel Exceeded The Scale As Recorded In 2008
According to the statistics compiled and released in last week by the Ministry of Economy, Trade and Industry, the quantities of nickel metal and ferro-nickel produced in Japan in February of 2010 were as per the table attached hereto.

Namely, Japan produced 26,797 tons in material of ferro-nickel, corresponding to 5,687 tons on Ni content base (as estimated), in February of 2010, which exceeded that (4,740 tons on Ni content base) produced in the same month of 2008 and also had a considerable increase of 78.6% compared with that (3,180 tons) in the same month of 2009.

On the other hand, Japan produced 3,124 tons of nickel metal in February of 2010, having had a substantial increase of 61.1% compared to that (1,933 tons) in the same month of 2009. The output of nickels in February of 2009 , when was in the middle of the Lehman shock, had shrunk to a large extent. The reason, why the favorable production of ferro-nickel in February of 2010 exceeded the enlarged scale as recorded in the same month of 2008, was due to the fact that No.7 electric furnace installed at the Hachinohe Plant of Pacific Metals has resumed to produce ferro-nickel from December of 2009 and this resumption of the operation is contributing to an increase in production of ferro-nickel.

For a reference, Japan produced 58,936 tons in material of ferro-nickel in the calender year (January - December) of 2009, which decreased by 5% compared with that (62,014 tons) in the preceding year of 2008 and fell to a lower level than 60,000 tons per annum, but is anticipated to produce 66,000 - 68,000 tons per annum in material of ferro-nickel in this calender year of 2010.
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last modified : Fri 23 Apr, 2010 [10:01]
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