Norilsk Nickel registrated 3 brands on ShFE

Severonickel Combine H-1, Severonickel Combine H-1Y, Norilsk Combine H-1, the most popular brands on the Chinese market, have been registered on the ShFE.

The listing gives way to a more balanced sales and marketing strategy on the Chinese market through sales of nickel brands to the ShFE in case of favorable market conditions using a more transparent pricing model, e.g. in the Chinese Yuan with the added hedging opportunity for nickel shipments to small and mid-size customers in the PRC having limited access to the London Metals Exchange.

Norilsk Nickel is the first company among other world nickel producers which brand being validated for nickel shipments by the ShFE alongside with the Chinese ones.

"This is an important milestone for the company. China is one of the key and most promising markets. By expanding local capabilities in China Norilsk Nickel bolsters its standing in terms of global leadership and reliable partnership," said Markus Meurer, Head of Global Sales and Marketing at Norilsk Nickel.