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

Published: Jun 3, 2025 14:02

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[SMM NPI Market Transaction Flash] SMM reported on June 3 that according to market news, a stainless steel mill in east China concluded a high-grade NPI transaction today at a price of 970 yuan/mtu (ex-factory, tax included, Ni≥11%), with Indonesian ore; another transaction was concluded at a price of 975 yuan/mtu (ex-factory, 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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