High-grade NPI Purchase Price to be Raised, SMM Expects

Published: Jul 13, 2017 13:24

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One stainless steel mill in north China recently announced the procurement price for high-grade NPI at 830 yuan per mtu (price to factory, including tax), Shanghai Metals Market learns.

SHANGHAI, Jul. 13 (SMM) – One stainless steel mill in north China recently announced the procurement price for high-grade NPI at 830 yuan per mtu (price to factory, including tax), Shanghai Metals Market learns.

NPI Production Costs in Indonesia, You Can’t Miss It, SMM Exclusive

The company’s own high-grade NPI plant, after suspending production from June, remains offline due to no profits.

With nickel rallying slightly, high-grade NPI producers showed low interest in supplying goods at the price level.

China NPI Production to Grow in July, SMM Reports

The bidding price for high-grade NPI is expected to be lifted further, SMM predicts.

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npi price npi output china npi output nickel price

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