Home / Metal News / Discounts of High-Grade NPI against Stainless Steel Scrap Expanded and to Stabilise

Discounts of High-Grade NPI against Stainless Steel Scrap Expanded and to Stabilise

iconAug 30, 2021 14:41
Source:SMM
Discounts of high-grade NPI against stainless steel scrap expanded last week and averaged 105 yuan/mtu, 30 yuan/mtu wider than the previous week.

SHANGHAI, Aug 30 (SMM) – Discounts of high-grade NPI against stainless steel scrap expanded last week and averaged 105 yuan/mtu, 30 yuan/mtu wider than the previous week.

Prices of stainless steel scrap and high-grade NPI rose on stockpiling by stainless steel mills. But prices of high-grade NPI rose less significantly.

The discount will see little change in view of limited price gains across raw materials.

high-grade NPI
stainless steel

For queries, please contact William Gu at williamgu@smm.cn

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

Related news

SMM Events & Webinars

All