Output Cut News Supports High-grade NPI Price

Published: Oct 10, 2017 11:13 (GMT+8)

Save

Three NPI producers in major producing regions have received the notice of suspending production, and this has grown market expectation over NPI supply shortages, supporting high-grade NPI price.

SHANGHAI, Oct. 10 (SMM) – Three NPI producers in major producing regions have received the notice of suspending production, and this has grown market expectation over NPI supply shortages, supporting high-grade NPI price.

What’s Impact on Nickel Ore Demand from Nickel Production Cuts in Shandong’s Linyi? SMM Reports

At present, NPI producers in north China make offers at around 920 yuan per mtu (ex-works price, including tax), and supplying volume is low. So far, no deals have been heard.

One Indonesian NPI Producer Increases Production on Rising Price and China Demand

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

2 mins ago

[SMM Stainless Steel Flash] Taiwan (PoC) 300-series HRC import prices climb as Indonesian hikes cut volumes

Taiwan (PoC)’s 300-series stainless steel HRC import prices rose for a seventh month in August to the highest since April 2023, driven by Indonesia price hikes amid Nickel ore curtailments, while import volumes fell to the lowest since January 2021. Indonesia’s mid-October price cut may ease costs ahead.

2 mins ago

3 mins ago

[SMM Stainless Steel Flash] Anglo American’s Brazil nickel sale to MMG faces EU scrutiny over stainless feedstock

Anglo American’s roughly $500m sale of its Brazilian nickel business to MMG remains uncertain as the European Commission questions whether EU stainless mills would keep reliable access to ferronickel. Anglo is open to remedies, but if the deal fails the assets could go into care and maintenance, forcing European mills to seek alternative nickel units.

3 mins ago

5 mins ago

[SMM Stainless Steel Flash] Taiwan (PoC) finds preliminary injury in AD case on Vietnamese cold-rolled stainless

Taiwan (PoC) made an affirmative preliminary injury finding on 12 October in its anti-dumping case on Vietnamese cold-rolled stainless, citing rising, lower-priced imports since 2023. A preliminary dumping decision, including possible provisional duties, is due within 70 days, around late December. Vietnam has meanwhile accepted an AD petition on cold-rolled stainless from Taiwan (PoC), China and Indonesia.

5 mins ago