China’s NPI price steady on continued restocking

China’s nickel pig iron (NPI) prices were unchanged in the week to February 10. Demand was solid, but higher costs for stainless steel prevented NPI prices from moving up, sources told Fastmarkets.

Fastmarkets’ weekly price assessment for nickel pig iron, high-grade NPI content 10%-15% spot, ddp China was 1,380-1,390 yuan ($202-203) per nickel unit on Friday.

A stainless steel mill located...

Published

Dylan Duan

February 14, 2023

10:04 GMT