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Home / Metal News / One Stainless Steel Mill Buys High-grade NPI after Nickel Price Decline

One Stainless Steel Mill Buys High-grade NPI after Nickel Price Decline

iconAug 25, 2017 11:04
Source:SMM
With SHFE nickel price falling back on Thursday, one stainless steel mill in east China received more-than-expected offers for high-grade NPI, with mixed prices, Shanghai Metals Market learns. 

SHANGHAI, Aug. 25 (SMM) – With SHFE nickel price falling back on Thursday, one stainless steel mill in east China received more-than-expected offers for high-grade NPI, with mixed prices, Shanghai Metals Market learns. 

China Stainless Steel Mills Increase Using of Primary Nickel, SMM Learns

Finally, the mill made the deal at 1,020 yuan per mtu (price to factory), and the purchases were normal ones. 

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.

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