Market Sentiment Weakens for High-Grade NPI, Downstream Purchases Sluggish Amid Cooling Interest

Published: Aug 17, 2026 15:49

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[SMM Nickel Flash] News on August 17: The current market sentiment for high-grade NPI is relatively weak. Many market participants, facing a downward market trend, have chosen to wait and see and have stopped offering quotes. Downstream steel mills’ purchase willingness remains sluggish, with some enterprises directly suspending related procurement activities, and market buying interest has clearly cooled.

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