Chinese Steel Mill Secures High-Nickel Pig Iron Deal, Indonesian Ore Priced at 1010 Yuan/Nickel Point

Published: Aug 22, 2024 13:44

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[SMM News Flash on Nickel Pig Iron Market Transactions] According to SMM on August 22nd, it is learned from market sources that a steel mill in eastern China completed a transaction for high-nickel pig iron, specifically Indonesian iron, at a price of 1010 yuan per nickel point (including tax at the ship's hold). The transaction volume reached tens of thousands of tons, with the delivery scheduled for the end of September.

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