SMM News, March 13:
March 13 News: SMM's high-grade NPI market sentiment factor was 2.32, up 0.04 MoM; the upstream sentiment factor for high-grade NPI was 2.92, up 0.01 MoM; and the downstream sentiment factor for high-grade NPI was 1.72, up 0.07 MoM. Supply side, as costs were strongly supported by rising ore prices, upstream offer indications remained firm. Demand side, as market activity gradually rebounded, steel mills' indicative bid prices also saw some increases. Overall, market trading activity gradually recovered, and high-grade NPI prices were supported.
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Wait, let me reconsider the translation.
[SMM Analysis] After Sulphur Restrictions, Can Indonesia Import Sulphuric Acid to Replace It?](https://imgqn.smm.cn/usercenter/fzwTi20251217171733.jpg)
