High-grade NPI price inches up on tight supply

Published: Jul 27, 2018 16:46

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A cargo of high-grade nickel pig iron (NPI) was heard traded at 1,100 yuan/mtu delivered to mill this week

SHANGHAI, Jul 27 (SMM) – A cargo of high-grade nickel pig iron (NPI) was heard traded at 1,100 yuan/mtu delivered to mill, SMM learned.

Bought by a stainless steel mill in east China, the cargo was concluded 20 yuan/mtu higher than a week ago due to tighter spot materials and higher nickel prices.

Market commentary nickel pig iron NPI

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