[SMM Announcement] New Price Announcement for 'SMM FeNi ,DDP China,USD/nickel unit'

Published: Oct 10, 2025 09:49

Source: SMM

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To facilitate use by nickel industry chain clients, meet the broad user demand for FeNi prices, and enhance market transparency, SMM has decided: Starting from October 13, 2025, to publish SMM FeNi price points by grade, with the following new price points added: - 15-20% FeNi ,DDP China,USD/nickel unit - 20-25% FeNi ,DDP China,USD/nickel unit - Ni≥30% FeNi ,DDP China,USD/nickel unit

In the stainless steel furnace charge, apart from high-grade NPI as the main raw material for stainless steel, FeNi also holds a significant position and attracts attention from clients across the domestic and overseas industry chain. Meanwhile, as China is a major importer of FeNi, its FeNi imports are expected to continue increasing.

To facilitate use by nickel industry chain clients, meet the broad user demand for FeNi prices, and enhance market transparency, SMM has decided:

Starting from October 13, 2025, to publish SMM FeNi price points by grade, with the following new price points added:
- 15-20% FeNi ,DDP China,USD/nickel unit
- 20-25% FeNi ,DDP China,USD/nickel unit
- Ni≥30% FeNi ,DDP China,USD/nickel unit

Details of the price points are as follows:

- Product Name: 15-20% FeNi ,DDP China,USD/nickel unit
- Quality Standard: Ni 15-20%, conforming to GB/T 28296-2012
- Definition: Delivered Duty Paid
- Unit: USD/nickel unit
- Minimum Trading Volume: 30 tonnes
- Delivery Period: Within 30 days
- Release Time: Weekdays, 11:30 AM Beijing Time
- Payment Terms: Cash, and other payment methods standardized to cash.

- Product Name: 20-25% FeNi ,DDP China,USD/nickel unit
- Quality Standard:Ni 20-25%, conforming to GB/T 28296-2012
- Definition: Delivered Duty Paid
- Unit:USD/nickel unit
- Minimum Trading Volume: 30 tonnes
- Delivery Period: Within 30 days
- Release Time: Weekdays, 11:30 AM Beijing Time
- Payment Terms: Cash, and other payment methods standardized to cash.

- Product Name: Ni≥30% FeNi ,DDP China,USD/nickel unit
- Quality Standard: Ni≥30%, conforming to GB/T 28296-2012
- Definition: Delivered Duty Paid
- Unit: USD/nickel unit
- Minimum Trading Volume: 30 tonnes
- Delivery Period: Within 30 days
- Release Time: Weekdays, 11:30 AM Beijing Time
- Payment Terms: Cash, and other payment methods standardized to cash.

NPI SMM price Nickel

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

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