SMM NPI Market: Transactions of High-Grade NPI at 970-975 Yuan/mtu

Published: Jun 3, 2025 10:25

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[SMM NPI Market Transaction Update] SMM reported on June 3 that according to market sources, a stainless steel mill in east China purchased high-grade NPI today at a transaction price of 970 yuan/mtu (ex-works, tax included, Ni≥11%), with the ore being Indonesian. Another transaction was made at 975 yuan/mtu (ex-works, tax included, 8%≤Ni≤10%), with domestic ore. The total transaction volume was nearly 10,000 mt, with delivery scheduled for mid-to-late June.

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