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Home / Metal News / [Daily Review of NPI] The market maintains just-in-time procurement. The price increase of high-grade NPI is hindered.
[Daily Review of NPI] The market maintains just-in-time procurement. The price increase of high-grade NPI is hindered.
Jul 29, 2025 14:34Source:SMM
[SMM Daily Review: Market Maintains Just-in-Time Procurement, Price Increase of High-Grade NPI Hindered] On July 29, the average price of SMM 8-12% high-grade NPI was 912 yuan/mtu (ex-factory, tax included), unchanged from the previous working day...
SMM reported on July 29,
On July 29, the average price of SMM 8-12% high-grade NPI was 912 yuan/mtu (ex-factory, tax included), unchanged from the previous working day. Supply side, the cost of upstream smelters remained inverted, and their willingness to sell had not improved, with a strong wait-and-see sentiment. On the consumption side, downstream steel mills had low acceptance of high prices, and most transactions in the market were made by traders or involved just-in-time procurement by steel mills.
Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.
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