NPI Bidding Prices from Stainless Steel Mills Slightly Fall (2013-1-22)-Shanghai Metals Market

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NPI Bidding Prices from Stainless Steel Mills Slightly Fall (2013-1-22)

SMM Insight 05:51:25PM Jan 22, 2013 Source:SMM

SHANGHAI, Jan. 22 (SMM) -- Mainstream traded prices for NPI (Ni 10-15%) were between RMB 1,140-1,160/mtu, were between RMB 1,165-1,175/mtu for NPI (Ni 6-8%), between RMB 1,170-1,180/mtu for NPI (Ni 4-6%), and between RMB 2,950-3,000/mt for NPI (Ni 1.6-1.7%).

It was reported that Taigang Steel’s bidding prices for NPI remained unchanged in February at RMB 1,180/mtu, and bidding prices from Baosteel was RMB 1,160/mtu, down RMB 10/mtu, and bidding prices from Southwest Stainless steel were between RMB 1,190/mtu, down RMB 10/mtu. 

Bidding prices from major stainless steel mills slightly fell, which was mainly due to ample raw materials at stainless steel mills. 
 

Key Words:  NPI price    
Relative News

Price

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#1 Refined Cu
Oct.17
46700.0
-215.0
(-0.46%)
Standard-Grade Copper
Oct.17
46690.0
-215.0
(-0.46%)
High-Grade Copper
Oct.17
46705.0
-220.0
(-0.47%)
Guixi copper
Oct.17
46710.0
-220.0
(-0.47%)
Low-quality copper
Oct.17
46655.0
-220.0
(-0.47%)

NPI Bidding Prices from Stainless Steel Mills Slightly Fall (2013-1-22)

SMM Insight 05:51:25PM Jan 22, 2013 Source:SMM

SHANGHAI, Jan. 22 (SMM) -- Mainstream traded prices for NPI (Ni 10-15%) were between RMB 1,140-1,160/mtu, were between RMB 1,165-1,175/mtu for NPI (Ni 6-8%), between RMB 1,170-1,180/mtu for NPI (Ni 4-6%), and between RMB 2,950-3,000/mt for NPI (Ni 1.6-1.7%).

It was reported that Taigang Steel’s bidding prices for NPI remained unchanged in February at RMB 1,180/mtu, and bidding prices from Baosteel was RMB 1,160/mtu, down RMB 10/mtu, and bidding prices from Southwest Stainless steel were between RMB 1,190/mtu, down RMB 10/mtu. 

Bidding prices from major stainless steel mills slightly fell, which was mainly due to ample raw materials at stainless steel mills. 
 

Key Words:  NPI price