[SMM Steel Plant guidance Price] on April 27, the spot daily guidance price of Wuxi Taiyuan Iron and Steel Co., Ltd is the same as yesterday.

Published: Apr 27, 2020 13:29

SMM, 27 April:

                                  

 

 

[for more information, please subscribe to SMM Nickel Research Group products "China Nickel Chromium stainless Steel Industry chain General report" and "China Nickel Chrome stainless Steel Industry chain High end report" to obtain the latest nickel mine, nickel pig iron (China + Indonesia), electrolytic nickel, nickel sulfate, chromium ore, ferrochromium, stainless steel (China + Indonesia) related data analysis and market analysis! For ordering and trial reading, please call 021-5166 6817 QQ:2880505562, contact: Li Chuntian]

(Shanghai colored net Li Chuntian TEL:021-5166 6817 QQ:2880505562)

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 to learn 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
Nickel Ore Quota News Boosts Futures, High-Grade NPI Prices Rise Amid Weak Market Liquidity
10 hours ago
Nickel Ore Quota News Boosts Futures, High-Grade NPI Prices Rise Amid Weak Market Liquidity
Read More
Nickel Ore Quota News Boosts Futures, High-Grade NPI Prices Rise Amid Weak Market Liquidity
Nickel Ore Quota News Boosts Futures, High-Grade NPI Prices Rise Amid Weak Market Liquidity
[SMM Nickel Flash] February 11 — Supply side, amid the impact of nickel ore quota news, futures rose again, supporting firm market quotations. Demand side, against a backdrop of bullish sentiment, there was some restocking activity, but overall market liquidity remained weak. In summary, the pattern of poor market liquidity before the holiday remained unchanged; driven by futures and macro sentiment, high-grade NPI prices rose slightly.
10 hours ago
SMM 10-12% High-Grade NPI Price Rises to 1,043 Yuan/mtu, Market Sentiment Slightly Down
10 hours ago
SMM 10-12% High-Grade NPI Price Rises to 1,043 Yuan/mtu, Market Sentiment Slightly Down
Read More
SMM 10-12% High-Grade NPI Price Rises to 1,043 Yuan/mtu, Market Sentiment Slightly Down
SMM 10-12% High-Grade NPI Price Rises to 1,043 Yuan/mtu, Market Sentiment Slightly Down
[SMM Nickel Flash] February 11 - SMM 10-12% high-grade NPI average price was 1,043 yuan/mtu (ex-factory, tax included), up 2 yuan/mtu MoM from the previous working day. The high-grade NPI market sentiment factor was 1.95, down 0.03 MoM; the upstream sentiment factor was 2.72, down 0.03 MoM; and the downstream sentiment factor was 1.17, down 0.03 MoM.
10 hours ago
【SMM Nickel Flash News】PT Weda Bay Nickel's 2026 Quota Slashed to 12 Mwmt Amid Tightened RKAB Policy
10 hours ago
【SMM Nickel Flash News】PT Weda Bay Nickel's 2026 Quota Slashed to 12 Mwmt Amid Tightened RKAB Policy
Read More
【SMM Nickel Flash News】PT Weda Bay Nickel's 2026 Quota Slashed to 12 Mwmt Amid Tightened RKAB Policy
【SMM Nickel Flash News】PT Weda Bay Nickel's 2026 Quota Slashed to 12 Mwmt Amid Tightened RKAB Policy
According to Eramet's press release, PT Weda Bay Nickel (WBN) has received an initial notification from Indonesian authorities for a 2026 production and sales quota of just 12 Mwmt, a drastic reduction compared to the 32 Mwmt initially granted for 2025 and its later upward revision to 42 Mwmt. This significantly lower volume reflects the government's tightening of the Work Plan and Budget (RKAB) policy to manage market balance and sustainable resources. While WBN is currently adjusting its operations to minimize the impact on North Maluku's economy, the company plans to apply for an early revision to a higher volume to meet the high demand from smelters and HPAL facilities at the IWIP industrial park.
10 hours ago