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Home / Metal News / One North China Stainless Steel Mill Cuts Procurement Price for High-grade NPI for May

One North China Stainless Steel Mill Cuts Procurement Price for High-grade NPI for May

iconMay 2, 2017 17:09
Source:SMM
One stainless steel mill in north China released its benchmark procurement price for high-grade NPI for May at 830 yuan per mtu (price to factory, including tax, by cash), SMM learns.

SHANGHAI, May 2 (SMM) – One stainless steel mill in north China released its benchmark procurement price for high-grade NPI for May at 830 yuan per mtu (price to factory, including tax, by cash), Shanghai Metals Market learns. 

What’s Outlook for Nickel Market after Cut News at Chinese NPI and Stainless Steel Producers? SMM Reports

The price is down 60 yuan per mtu from April’s benchmark price, and is tiered pricing. 

The price will be 830 yuan for supplying volumes at 5,000 tonnes and above, and 840 yuan for supplying volumes at 10,000 tonnes and above. 

For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn. 

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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.

For queries, please contact Lemon Zhao at lemonzhao@smm.cn

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