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Home / Metal News / [NPI Daily Review] High-Grade NPI Prices Stop Falling and Rebound, Short-Term Steel Mill Acceptance Limited
[NPI Daily Review] High-Grade NPI Prices Stop Falling and Rebound, Short-Term Steel Mill Acceptance Limited
Dec 9, 2025 08:42[SMM Daily Review: High-Grade NPI Prices Stop Falling and Rebound, Short-Term Steel Mill Acceptance Limited] December 8 (SMM) - The average price of SMM 10-12% high-grade NPI was 886 yuan/mtu (ex-factory, tax included), up 5 yuan/mtu MoM from the previous working day.
SMM December 8 news,
On December 8, the average price of SMM 10-12% high-grade NPI was 886 yuan/mtu (ex-factory, tax included), up 5 yuan/mtu MoM from the previous working day. The market sentiment factor for high-grade NPI was 1.78, up 0.03 MoM. Supply side, upstream sentiment to hold prices firm continued to rise, with transaction prices from some iron plants rebounding significantly. Demand side, most steel mills had limited acceptance of high prices, and market transactions were mostly purchases by traders. Overall, high-grade NPI prices stopped falling and rebounded, but subsequent momentum may appear insufficient.
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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