SMM reports El Nifio-driven drought in Indonesia is straining process water supplies and disrupting logistics. Nickel pig iron (NPI) output at the Indonesia Morowali Industrial Park (IMIP) could be affected in October; production plans remain unclear

2026-09-21

SMM reports El Nifio-driven drought in Indonesia is straining process water supplies and disrupting logistics. Nickel pig iron (NPI) output at the Indonesia Morowali Industrial Park (IMIP) could be affected in October; production plans remain unclear. Given current market inventories, near-term impact on aggregate supply-demand is likely limited.