SMM Reports High-Grade NPI Transaction by South China Stainless Steel Mill from Indonesia

Published: Jun 23, 2025 11:30

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[SMM NPI Market Transaction Update] SMM reported on June 23 that according to market sources, a stainless steel mill in South China concluded a transaction for high-grade NPI today, with a transaction price of 910 yuan/mtu (on board including tax, Ni≥11%), from Indonesia. The total transaction volume was tens of thousands of mt, with delivery scheduled for mid-to-late July.

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