SMM App
AndroidiOS
Holiday Pricing ScheduleFREE TRIALCompliance Centre
gloablLanguage:  language-iconlanguage-iconlanguage-iconlanguage-icon
MarketsNews
Non-ferrous
Non-ferrous
Base Metals
Rare Earth
Scrap Metals
Minor Metals
Precious Metals
Ferrous Metals
Ferrous Metals
Iron Ore IndexIron Ore PriceFinished SteelCokeCoalPig IronSilicon Steel
New Energy
New Energy
SolarLithiumCobaltLithium Battery Cathode Precursor and MaterialAnode MaterialsArtificial GraphiteDiaphragmElectrolyteOther MaterialsChemical CompoundLithium-ion BatteryUsed Lithium-ion BatterySodium-ion BatteryHydrogen EnergyEnergy Storage
DashboardDatabaseProReportsEventsCar Insight
Home / Metal News / One Large Stainless Steel Mill Stops Buying High-grade NPI on Rapid Gains, SMM Reports

One Large Stainless Steel Mill Stops Buying High-grade NPI on Rapid Gains, SMM Reports

iconJul 21, 2017 13:37
Source:SMM
One large stainless steel mill in east China decided to suspend purchasing high-grade NPI this past week, citing rapid price gains, Shanghai Metals Market learns. 

SHANGHAI, Jul. 21 (SMM) – One large stainless steel mill in east China decided to suspend purchasing high-grade NPI this past week, citing rapid price gains, Shanghai Metals Market learns. 

The mill purchased high-grade NPI at 825 yuan per mtu (price to factory) a week earlier, but this week, market traded prices are around 830 yuan per mtu (ex-works). 

Production to Restart at One Shandong NPI Producer

The mill decided to stay out of the market due to expectation over nickel price decline after continuous rises and previous weeks’ purchases, SMM learns. 

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

npi price
npi output
china npi output
nickel price

For queries, please contact William Gu at williamgu@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

Related news

SMM Events & Webinars

All
MOST POPULAR
1.Benchmarking Analysis Of the Development  Direction Of MHP And Nickel Matte
2.Technical Due Diligence Survey Of Nickel Product Unit
3.Long-term Price Forecast Of Nickel Industry
4.Feasibility Study Of Nickel Industry Investment
5.Indonesia Ni Industry Analysis
Shanghai Metals Market
Privacy PolicyCompliance CentreSMM Credit ServiceContact UsAbout UsTerms & ConditionsSitemapHoliday Pricing Schedule
Notice: By accessing this site you agree that you will not copy or reproduce any part of its contents (including, but not limited to, single prices, graphs or news content) in any form or for any purpose whatsoever without the prior written consent of the publisher.
Drop us a line
service.en@smm.cn
How can we help you?
+86 021 5155-0306
Live chat via WhatsApp
Copyright © 2024 SMM Information & Technology Co., Ltd. All rights reserved.