Shandong Low-grade NPI Producers Release Ex-works Prices, Higher than Market Price

Published: Aug 15, 2017 11:43

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Two low-grade NPI producers in Shandong released ex-works prices, higher than market price, Shanghai Metals Market learns.

SHANGHAI, Aug. 15 (SMM) – Two low-grade NPI producers in Shandong released ex-works prices, higher than market price, Shanghai Metals Market learns.

SMM Update of Production Resumption at High-grade NPI Plants in Inner Mongolia after Ban on Coal Transportation by Truck at Caofeidian

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.

Jinchuan Group Cuts Nickel Price on Aug. 15

Another plant released low-grade NPI ex-works price at 3,350 yuan per tonne.

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