Nickel Prices Rise Amid Cost Pressures, Stainless Steel Demand Subdued

Published: Mar 4, 2026 18:42

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[SMM Nickel Flash] March 4 news: Supply side, nickel ore and auxiliary material prices continued to rise, upstream cost pressure gradually increased, and quotes remained firm. Demand side, steel scrap currently has a clear cost advantage, stainless steel selling prices were flat, and under losses pressure, purchasing sentiment was relatively subdued.

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