SMM Update: South China Stainless Steel Mill Acquires High-Grade NPI from Indonesia at 925 Yuan/mtu

Published: Jun 13, 2025 10:02

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[SMM NPI Market Transaction Update] SMM reported on June 13 that according to market news, a stainless steel mill in South China purchased high-grade NPI today at a transaction price of 925 yuan/mtu (ex-factory, tax included, 10%≤Ni≤12%). The ore was from Indonesia, with a total transaction volume of several thousand mt and a delivery date by month-end July.

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