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Aug 27, 2019 In addition, the ore export ban would keep the price of nickel in the global market high. Nickel price has been rising by 30 percent since June. Indonesia is a big player in the global nickel market. We contribute 27 percent of all the nickel products in the market. We stand to profit a lot from a higher price for nickel, Irmanto said.
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Indonesia sees China as ally as it weighs bans on. Sep 13 2019 Indonesia last month jolted the metals market by expediting a ban on nickel ore exports by two years to force miners to build smelters to locally process the ore used in stainless steel and . More Details.
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