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

Published: Aug 25, 2017 11:04

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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.

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