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China is Indonesia’s second largest trade partner. Laterite nickel, the mineral most affected by Indonesia’s ban on dry bulk shipping companies, is used to produce nickel pig iron, which in turn is used to produce stainless steel at cheaper costs than pure nickel. But regardless of whether the ban would have been imposed or not, China imported a large amount of nickel from Indonesia in 2013 in anticipation of a ban.

Read more at: http://marketrealist.com/2014/04/nickel-ore-imports-in-february-shows-impact-of-indonesia-ban-taking-place/