Non-ferrous

Non-ferrous

Base Metals

Rare Earth

Scrap Metals

Minor Metals

Precious Metals

Ferrous Metals

Ferrous Metals

Iron Ore Index Iron Ore Price Finished Steel Coke Coal Pig Iron Silicon Steel

New Energy

New Energy

Solar Lithium Cobalt Lithium Battery Cathode Precursor and Material Anode Materials Artificial Graphite Diaphragm Electrolyte Other Materials Chemical Compound Lithium-ion Battery Used Lithium-ion Battery Sodium-ion Battery Hydrogen Energy Energy Storage

Price Center DatabasePro Reports Events Car Insight

Home / Metal News / NPI Production Remains Restricted, Prices Dropped amid Weak Demand

NPI Production Remains Restricted, Prices Dropped amid Weak Demand

Dec 16, 2021 11:39

Source:SMM

Some domestic NPI plants will remain in suspension in December, and the output NPI in December is expected to drop by about 8,000 mt (Ni content), including 5,000 mt (Ni content) of high-grade NPI.

SHANGHAI, Dec 16 (SMM) – Some domestic NPI plants will remain in suspension in December, and the output NPI in December is expected to drop by about 8,000 mt (Ni content), including 5,000 mt (Ni content) of high-grade NPI.

The high-grade and low-grade NPI production in Shandong and Guangdong has been kept low since the power rationing was implemented. Some NPI plants in north China have reduced the production due to adverse weather. Besides, the plants in Beijing-Tianjin-Hebei region will reduce the energy consumption for environmental protection approaching the Beijing Winter Olympics. Some plants will also suspend the production for maintenance.

The NPI supply is in a surplus as the stainless steel mills have reduced the purchases amid losses.

The shrinking profits of steel mills have also caused the NPI prices to drop significantly recently.

The NPI prices may not rebound until the demand by steel mills grows.

NPI

production

price

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

High-Nickel Pig Iron Prices Face Downward Pressure Amid Supply and Demand Shifts

In this week's market dynamics, we can observe an overall downward trend in high-nickel pig iron prices. Specifically, according to SMM statistics, the average price of 8-12% high-nickel pig iron was 1,022.1 yuan per nickel point (ex-factory, including tax) during the week, down by 2.6 yuan per nickel point compared to last week's average price. Meanwhile, the Indonesian NPI FOB index also experienced a decline, decreasing by 0.6 USD per nickel point compared to last week. These data indicate that the price of high-nickel pig iron has seen a certain degree of decline this week.

time

Nov 2, 2024 15:20

High-Nickel Pig Iron Prices Face Downward Pressure Amid Supply and Demand Shifts

[SMM Analysis] Policy Adjustments by Indonesia's New Government: Challenges and Opportunities for the Nickel Industry

With the inauguration of Indonesia's new government, Prabowo's policies are expected to have a profound impact on the country's nickel industry. In the following sections, we will analyze in detail how these policy changes will affect the development and investment environment of the nickel industry.

time

Oct 24, 2024 16:47

Baosteel’s New Steel Base to Put Capacity of 4.7 Million mt/year into Full Production

Baosteel Desheng, a subsidiary of China Baowu Iron and Steel Group, invested 13.6 billion yuan to build a fine stainless steel green industry base in 2018, and the project will be fully put into operation next year.

time

Nov 29, 2021 12:09

Baosteel’s New Steel Base to Put Capacity of 4.7 Million mt/year into Full Production

Nickel Ore Prices Stood Flat, Ocean Freight Pulled Back amid Weak Demand

The average price of Ni 1.5% Philippine laterite nickel ore stood at $82/wmt last week, flat on the week.

time

Nov 8, 2021 14:23

Nickel Ore Prices Stood Flat, Ocean Freight Pulled Back amid Weak Demand

Steel News Roundup (Nov 8)

This is a roundup of news in the steel industry for last week.

time

Nov 8, 2021 11:08

Steel News Roundup (Nov 8)

Silicon Production in Yunnan to Be Cut by 90% under Policy Control in Q4 2021

Yunnan Provincial Development and Reform Commission announced on September 11 that the average monthly output of local industrial silicon companies should not exceed 10% of the August output from September to December.

time

Sep 13, 2021 16:22

Analysis Industry

Silicon Production in Yunnan to Be Cut by 90% under Policy Control in Q4 2021

NPI Prices Stood High Supported by Raw Material Costs, Unlikely to Increase Due to Lower Stainless Steel Prices

The average price of SMM 8-12% high-grade NPI was 1,390 yuan/mtu (ex-factory including tax) as of August 20

time

Aug 25, 2021 13:37

NPI Prices Stood High Supported by Raw Material Costs, Unlikely to Increase Due to Lower Stainless Steel Prices

Metal Industries Basically Rremain Normal against Spreading COVID-19 Pandemic

COVID-19 pandemic once again swept the world recently. The new cases surged in US, Europe, and south-east Asia due to the spread of Delta variant. Pandemic was also spreading in China. On August 1, 31 province (including autonomous regions and municipalities) and the Xinjiang Production and Construction Corps reported 98 new confirmed cases, including 43 imported cases and 55 local cases.

time

Aug 3, 2021 14:33

Metal Industries Basically Rremain Normal against Spreading COVID-19 Pandemic

Prices of high-grade NPI against stainless steel scrap declined, but still enjoyed cost-effectiveness

Discounts of high-grade NPI against stainless steel scrap averaged at 122 yuan/mtu, which was slightly lower than the previous week, but the price per mtu remained cost-effective.

time

May 26, 2021 16:07

Prices of high-grade NPI against stainless steel scrap declined, but still enjoyed cost-effectiveness

Tsingshan’s stainless steel plant in Fujian stepped up NPI procurement

Tsingshan’s stainless steel mill in south China’s Fujian province has just made another large purchase of high-grade nickel pig iron (NPI), bringing its cumulative procurement for this month to 100,000 mt which is estimated to secure its production until at least July.

time

May 14, 2020 12:18

Tsingshan’s stainless steel plant in Fujian stepped up NPI procurement

SMM Events & Webinars

Apr
09
- NET ZERO MEA - Solar & Energy Storage
  Apr 09 - 10,2025
  NET ZERO MEA is the premier leadership summit of solar, energy storage, and renewable energy sectors in the Mid-East.
  MARRIOTT HOTEL AL JADDAF, DUBAI, UAE
Apr
09
- 2025 SMM (20th) Lead & Zinc Conference and Industry Expo
  Apr 09 - 11,2025
  To promote the sustainable development of lead and zinc industry to build a high-end, professional, pragmatic exchange p
  Nanjing · Jiangsu ·China
Apr
16
- CLNB 2025 New Energy Industry Chain Expo
  Apr 16 - 18,2025
  Suzhou International Expo Center, Jiangsu, China

MOST POPULAR

1.Benchmarking Analysis Of the Development Direction Of MHP And Nickel Matte

2.Technical Due Diligence Survey Of Nickel Product Unit

3.Long-term Price Forecast Of Nickel Industry

4.Feasibility Study Of Nickel Industry Investment

5.Indonesia Ni Industry Analysis

Shanghai Metals Market

Privacy Policy Compliance Centre SMM Credit Service Contact Us About Us Terms & Conditions Sitemap Holiday Pricing Schedule

Notice: By accessing this site you agree that you will not copy or reproduce any part of its contents (including, but not limited to, single prices, graphs or news content) in any form or for any purpose whatsoever without the prior written consent of the publisher.

Drop us a line

service.en@smm.cn

How can we help you?

+86 021 5155-0306

Live chat via WhatsApp

Copyright © 2025 SMM Information & Technology Co., Ltd. All rights reserved.