Russia And China Implement Countermeasures For Depressed Nickel Market

摘要

Owing to the internationally shrunk demand for nickel, a scale of nickel trade has inclined to be depressed and, in order to cope with this aspect, Russian Government has decided the policy to revoke the duty of 5 percent imposed on nickel export. Also, Chinese Government has implemented from January of 2009 to relieve the regulations for conversion trade on consignment to export nickel metal and cobalt from China.