Nickel Prices Firm, Stainless Steel and Scrap Prices Rise, High-Grade NPI Trading Increases

Published: Apr 16, 2026 16:26

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[SMM Nickel Flash] April 16, supply side, upstream producers continued to hold prices firm, and overall market quotations were active. Demand side, as nickel prices and stainless steel prices rose, steel scrap prices also saw some upward adjustment. Some steel mills restocked high-grade NPI, and market trading volume increased. Overall, both market activity and trading volume for high-grade NPI grew notably, and the price center continued to edge higher.

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