“Outages are going to be a blip on my radar because they’re planned. Eight planned outages are better than one unplanned [outage],” another distributor said.
Top nickel producer Indonesia will not approve any new mining output quotas this year, government official Septian Hario Seto said, a move likely to further tighten supplies of nickel ore.
Antaq, the sea transportation authority in Brazil, has granted authorization for the construction of an iron ore sea terminal in ltaguai, in the southeastern state of Rio de Janeiro.