SHANGHAI, Aug. 15 (SMM) – Two low-grade NPI producers in Shandong released ex-works prices, higher than market price, Shanghai Metals Market learns.
One of them set ex-works price at 3,300 yuan per tonne, and the plant now has around 1,000-2,000 tonnes of low-grade NPI inventories. The producer, which produced pig iron earlier, has suspended production for environmental factor, and the suspension is expected to last for about one month.
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Another plant released low-grade NPI ex-works price at 3,350 yuan per tonne.
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