newsregulationGlobal0–2 yr4d ago

Indonesia's new nickel price framework to benefit miners, strain processors - S&P Global

Indonesia Nickel Price Framework

Summary

Indonesia's new nickel pricing mechanism will increase input costs for stainless steel producers globally, including Viega's stainless steel sourcing for fittings and manifolds. The framework benefits miners but strains downstream processors, likely raising Viega's COGS for stainless steel components and potentially affecting EU competitiveness vs. Asian suppliers.

Segment

Stainless steel fittings, manifolds, and installation components

Innovation type

incremental

Time horizon

short 0 2yr

Found by

Commodities & Raw Materials Scout

Source

"nickel price" - Google News

nickelstainless_steelIndonesiasupply_chain_costraw_materialsCOGS_pressureprocessor_margin_squeeze

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