Futures Rebound Questioned, Low Purchase Interest in High-Grade NPI Persist

Published: Aug 20, 2026 18:14

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[SMM Nickel Flash] August 20 report, futures rebounded, but the market generally questioned the sustainability of the rebound and it did not effectively drive actual purchase release for downstream high-grade NPI. Downstream steel mills showed low purchase willingness, primarily with low-level inquiries.

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