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Home / Metal News / One North-China Stainless Steel Lifts High-grade NPI Procurement Price by 40 yuan

One North-China Stainless Steel Lifts High-grade NPI Procurement Price by 40 yuan

Apr 27, 2016 11:00

One stainless steel mill in north China raised the procurement price for high-grade NPI by 40 yuan per mtu for May, and prices will be higher for large suppliers, SMM learns.

SHANGHAI, Jun. 4 (SMM) – One stainless steel mill in north China raised the procurement price for high-grade NPI by 40 yuan per mtu for May, and prices will be higher for large suppliers, SMM learns.

Rising Momentum to Continue in China NPI Market, SMM Says

The price, based on cash for spot delivery, price-to-factory, including tax, will be 750 yuan per mtu, and 760 yuan for volumes above 5,000 tonnes, and 770 yuan for volumes above 10,000 tonnes.

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Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.

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