China's Top 10 Nickel Alloy Manufacturers in 2023

In 2023, China's nickel alloy market has experienced significant changes and development. As global demand for high-performance materials grows, especially in the fields of new energy vehicles and battery manufacturing, nickel alloys are becoming increasingly important in the domestic market. Despite strong domestic market demand, China's nickel alloy exports are still affected by multiple factors. In 2023, China's nickel industry will shift to a comprehensive oversupply, causing nickel prices to fall back from high levels to rationality. Due to the increase in investment and construction of domestic refined nickel production lines, China's refined nickel output reached a total of 173,200 tons from January to September 2023, a year-on-year increase of 36.25%. Despite this, the specific data of China's nickel alloy exports have not been publicly reported in detail, but the overall trend shows that export volume is closely related to domestic and foreign market demand and supply.

This article sorts out the ten best-performing nickel alloy manufacturers in China in 2023 to help people inside and outside the industry better understand the current situation and future trends of this industry.

1. Tsingshan Group

http://www.tsingtuo.com/

Tsingshan Holding Group Co., Ltd., as one of the largest stainless steel manufacturers in China, is also known as the "Chinese Nickel King". The company has invested heavily in Indonesia and is expected to account for about 22% of global nickel production in 2023.

2. Jinchuan Group

http://www.jnmc.com/

Jinchuan Group is a comprehensive large-scale mining company whose nickel production capabilities are also renowned globally. Jinchuan Group has gradually broken the monopoly of the global nickel product market through its production capacity breakthrough in Indonesia.

3. Huayou Cobalt

https://www.huayou.com/

Huayou Cobalt Co., Ltd. is mainly engaged in the deep processing of cobalt and nickel new material products. In the first quarter of 2023, Huayou Cobalt achieved operating income of 19.11 billion yuan, showing strong market competitiveness.

4. Shengtun Mining

http://www.600711.com/

Shengtun Mining Group Co., Ltd. focuses on the development and utilization of non-ferrous metal resources, especially nickel, cobalt, copper, zinc and other metal varieties. The company has demonstrated strong market influence in the supply of nickel raw materials.

5. Boqian New Materials

http://www.boqianpvm.com/

Boqian New Materials is an enterprise focused on the research, development, production and sales of high-end metal powder materials for electronics. Its nickel powder products play an important role in the field of electronic component manufacturing.

6. Jiangsu Delong

Jiangsu Delong is a nickel manufacturer with important influence in the Southeast Asian market. Together with Tsingshan Group and Jinchuan Group, it jointly promotes the development of China's nickel industry.

7. Ganzhou Jiabaoli

Ganzhou Jiabaoli focuses on the R&D and production of new energy materials and has excellent performance in the production of nickel alloys and related products.

8. Ningbo Fubang

http://www.fb.com.cn/

Ningbo Fubang has significant achievements in the development and production of nickel alloys and their application products, especially in battery materials.

9. Zhejiang Huaxin

http://www.zj-hx.com/cn/

Zhejiang Huaxin is a company that focuses on the development of new nickel alloy materials. Its products are widely used in multiple industries, including aerospace and new energy.

10. Hunan Allianz Metal Products Co., Ltd.

https://www.alloy-ronsco.com/

Hunan Allianz Metal Products has significant market competitiveness in the R&D and production of nickel alloys, especially in high-performance nickel alloy materials.

With the rapid development of new energy and high-end manufacturing, China's nickel alloy manufacturers are becoming an increasingly important role in the global nickel alloy market. In 2023, these manufacturers not only played a key role in meeting domestic demand, but also demonstrated their strength and potential in the international market. Although the specific details of export data have not yet been made public, the performance of these companies undoubtedly reveals the strong development momentum and broad future prospects of China's nickel alloy industry.