Russia’s Nornickel: Some EU clients refuse to buy products made of Russian metal

  • Monday, April 1, 2024
  • Source:ferro-alloys.com

  • Keywords:nickel, ore, steel, battery, EV
[Fellow]Russia’s Nornickel, the world’s largest palladium producer and a major producer of high-grade nickel, said on Friday that some clients in the European Union had refused to buy products made with Russian metals.

[Ferro-Alloys.com] 

Russia’s Nornickel: Some EU clients refuse to buy products made of Russian metal

Russia’s Nornickel, the world’s largest palladium producer and a major producer of high-grade nickel, said on Friday that some clients in the European Union had refused to buy products made with Russian metals.

After February 2022, Nornickel changed its sales geography, shifting its focus to Asia, whose share in the company’s revenue exceeded 50% last year for the first time in its history.
 
China has become the Nornickel’s largest sales market, Berlin said.
 
This year, the company expects nickel output will drop to 184,000-194,000 tons, and palladium output is seen at 2.296-2.451 million troy ounces, lower than a year earlier, Nornickel reported in January.
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  • [Editor:邢亚敏]

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