Dec 10, 2024 17:30

As is well known, market participants interested in the nickel and stainless steel markets—including producers, downstream producers, dealers, traders, and other private and public organizations—need to reference and rely on price assessment reports featuring integrity and independence published by SMM (SMM Information & Technology Co., Ltd., hereinafter referred to as "we"). Therefore, it is extremely important for SMM to accurately reflect the true market prices. To solicit genuine suggestions and feedback on the high-grade NPI market prices, please write your response and preferably send it via email to the following address: jinmenghua@smm.cn and indicate whether your response can be made public. Comments requiring confidentiality may be used as references but will not be attributed. This consultation project starts on December 10, 2024, and will end on December 13, 2024. SMM will publish all responses, except those requiring confidentiality, by December 13, along with a summary of the survey results and related decisions. If these decisions result in substantial changes to the existing methodology, SMM may also issue subsequent announcements. According to the discussion at the closed-door price seminar of the APAC (9th) Stainless Steel Industry Conference 2024 and subsequent SMM survey results, we have made the following decisions regarding SMM high-grade NPI prices: