“Previously everyone was getting two-year paybacks on their smelting investments,” said ... with more than 20 production lines for nickel pig iron, a precursor for stainless steel — has ...
During the week, the market average price of SMM 8-12% high-nickel pig iron was 1001.5 yuan per nickel point (ex-factory ...
Called NeoSmelt, the initiative aims to transform low-grade Pilbara iron ore into molten iron, using an electric smelting furnace ... turn low-grade iron ore into pig iron for use in steel production.
"Previously everyone was getting two-year paybacks on their smelting investments,” said ... with more than 20 production lines for nickel pig iron, a precursor for stainless steel - has delayed ...