High-Grade NPI Market Sees Weak Consolidation Amid Supply Recovery and Demand Caution

Published: Aug 7, 2026 17:17

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[SMM Nickel Express] This week, the high-grade NPI market saw continued tug-of-war between supply-side price firming and demand-side caution. Coupled with repeated futures disturbances and gradually recovering supply, the industry lacked substantial positive drivers, and the market maintained a weak consolidation trend throughout.

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