SMM Data: Battery-Grade Nickel Sulphate Price Drops by 50 Yuan/mt on August 21
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![[SMM Nickel Morning Comment] August 21: Nickel prices fell, as the US imposed a new round of "the toughest ever" economic sanctions on Iran.](https://imgqn.smm.cn/usercenter/LNpBh20251217171732.jpeg)
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[SMM Nickel Morning Comment] August 21: Nickel prices fell, as the US imposed a new round of "the toughest ever" economic sanctions on Iran.
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![[SMM Nickel Sulphate Daily Review] August 21: Spot Order Market Transaction Sluggish, Nickel Sulphate Prices Stable](https://imgqn.smm.cn/usercenter/vSdFt20251217171732.jpg)
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[SMM Nickel Sulphate Daily Review] August 21: Spot Order Market Transaction Sluggish, Nickel Sulphate Prices Stable
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[SMM Nickel Sulphate Daily Review] August 21: Spot Order Market Transaction Sluggish, Nickel Sulphate Prices Stable
On August 21, SMM battery-grade nickel sulphate average price slightly decreased.
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![[SMM Stainless Steel Flash] Chinese Taiwan's 300-Series Stainless Steel HR Import Prices Climb for Sixth Month](https://imgqn.smm.cn/usercenter/Btmsv20251217171733.jpg)
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[SMM Stainless Steel Flash] Chinese Taiwan's 300-Series Stainless Steel HR Import Prices Climb for Sixth Month
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[SMM Stainless Steel Flash] Chinese Taiwan's 300-Series Stainless Steel HR Import Prices Climb for Sixth Month
Taiwan (POC) imported approximately 27,000 tonnes of 300-series stainless steel hot-rolled products in July, falling 50.2% MoM to a one-year low. Despite the sharp decline in import volumes, import prices rose for a sixth consecutive month, reaching a three-year and three-month high and significantly increasing procurement expenses for local businesses. Local buyers attributed the sustained price increase to Indonesia's nickel production restrictions, which have strengthened mineral values and prompted Indonesia to repeatedly raise its export quotations.
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