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Home / Metal News / [Nickel Pig Iron Daily Review] Transaction Prices Continue to Rise, High-Grade NPI Prices Remain Supported

[Nickel Pig Iron Daily Review] Transaction Prices Continue to Rise, High-Grade NPI Prices Remain Supported

iconJan 12, 2026 15:43
[SMM Daily Review: Transaction Price Continues to Rise, High-Grade NPI Price Remains Supported] January 12 - The average price of SMM 10-12% high-grade NPI was 972 yuan/mtu (ex-factory, tax included), up 10 yuan/mtu MoM from the previous working day.

SMM January 12 News,      

      On January 12, the SMM average price of 10-12% high-grade NPI was 972 yuan/mtu (ex-factory, tax included), up 10 yuan/mtu WoW. The market sentiment factor for high-grade NPI was 1.9, up 0.07 WoW; the upstream sentiment factor for high-grade NPI was 2.02, up 0.13 WoW; the downstream sentiment factor for high-grade NPI was 1.78, flat WoW. Supply side, upstream offers continued to rise, with strong bullish sentiment. Demand side, although end-use demand showed no improvement, traders' high-price purchases persisted, and the actual transaction center in the market continued to rise. Overall, high-grade NPI prices still have strong support.

 

 

 

 

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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