SHANGHAI, Jul. 4 (SMM) – High-grade NPI prices climbed above 800 yuan per mtu on Jul. 4, Shanghai Metals Market reports.
One stainless steel mill in Jiangsu raised its procurement price of high-grade NPI above 800 yuan per mtu (price to factory, cash on delivery), according to SMM data.
Another large mill in north China is also expected to raise its purchase price for July above 800 yuan per tonne, SMM says.
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