Premiums of High-grade NPI over Imported Ferronickel to Narrow in September

Published: Sep 11, 2017 18:06

Save

In August, premiums of high-grade NPI over imported ferronickel were $1,013 (Ni content), up sharply by $ 363 or 56 per cent from July’s, according to SMM data.

SHANGHAI, Sept. 11 (SMM) – In August, premiums of high-grade NPI over imported ferronickel were $1,013 (Ni content), up sharply by $ 363 or 56 per cent from July’s, according to SMM data.

Wait-and-See Attitude Prevails High-grade NPI Market

The big rise in the premiums is due mainly to sales holding-back by some traders and Chinese yuan’s appreciation.

The premiums are expected to narrow in September, but to stay at highs, SMM foresees.

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

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or for more information, please contact: lemonzhao@smm.cn

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

Related News

16 mins ago

Steel Mill Tenders High-Grade NPI at 1,040 Yuan/Nickel Unit, 30,000 mt for End-October Delivery

[SMM Nickel Flash] SMM, September 18: According to SMM, a mainstream steel mill tendered for high-grade NPI today at a floor price of 1,040 yuan/nickel unit, with nickel content above 11%, tender volume of 30,000 mt, delivery by end-October.

16 mins ago

54 mins ago

[SMM Stainless Steel Flash] EU Launches Second AD Sunset Review on Stainless CRC from China Mainland and Taiwan (PoC)

The European Commission launched its second anti-dumping sunset review on cold-rolled stainless steel sheets and coils originating in China Mainland and Taiwan (PoC) on September 15, following an application submitted by EUROFER on June 15. The dumping review period covers July 1, 2025 to June 30, 2026, with injury assessments spanning January 1, 2023 to the close of the investigation period. Products under review are flat-rolled stainless steel products, not further worked than cold-rolled, under CN codes 7219 31–7219 35, 7219 90, 7220 20, and 7220 90 series.

54 mins ago

1 hour ago

[SMM Stainless Steel Flash] New Zealand's Steel & Tube Announces October Price Hike for Stainless Steel and Aluminum

New Zealand steel products distributor Steel & Tube will raise prices effective October 1, 2026, citing persistent global cost pressures. Stainless steel products will increase by 3–9% and aluminum ranges by 5–12%, driven by elevated freight costs, constrained production, and rising raw material prices, specifically nickel, chromium, and aluminum. Orders confirmed and scheduled for delivery before October 1 will retain current pricing.

1 hour ago