SMM Reports High-Nickel Pig Iron Transaction at RMB 1,020/Nickel Point

Published: Nov 11, 2024 11:31

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**[SMM Ferro-Nickel Market Transaction Quick News]** On November 11, SMM reported that according to market sources, a steel mill in East China recently completed a transaction for high-nickel pig iron at a price of RMB 1,020 per nickel point (billed at the ship's hold, inclusive of tax, with nickel content ranging from 10% to 13%). The transaction involved both domestically produced and Indonesian iron, with a trading volume of over 10,000 tonnes and a delivery date set for mid-December.**

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