High-Grade NPI Prices Stable Amid Supply Support and Demand Pressure

Published: Mar 31, 2026 13:51

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[SMM Nickel Flash] Supply side, cost support was evident, and most pig iron plants kept quotations at high levels, but under pressure from steel scrap and the end-user market, some traders' quotations came under pressure. Demand side, high-content NPI remained in short supply, and premiums between grades were obvious. Overall, amid back-and-forth negotiations between upstream and downstream, high-grade NPI prices were flat.

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