SHANGHAI, Oct. 30 (SMM) – One major stainless steel mill in north China did not release its high-grade NPI procurement price for November.

Prices offered by suppliers were higher than purchase price by stainless steel mills.

In past months, stainless steel mills announced their procurement price for next month in late month, a reflection that sales of high-grade NPI were depressed when prices drifted lower.  

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