High-Grade NPI Prices Drop Further as Stainless Steel Weakness Persists

Published: Sep 4, 2026 17:44

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[SMM Nickel Flash] On September 4, spot high-grade NPI weakened further, with a clear signal of downward price exploration. The continued weakness in stainless steel dragged down NPI pricing, and some traders chose to front-run shipments, intensifying the divergence in market sentiment.

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