HomeNon-ferrous MetalsBase metalsNickel China's modest LPR cut disappoints stainless steel, nickel sectors The modest cuts to loan prime rates (LPR) of interest announced in China earlier this week were a blow to market expectations, and had a chilling effect across the stainless steel-nickel value chain, market sources told Fastmarkets on Wednesday June 21. The central People’s Bank of China announced on Tuesday that it had cut two key policy rates, the one-year and five-year LPR, by 10 basis points each in an attempt... Email this article Your details Your recipients's details You can enter a maximum of 5 recipients. Use ; to separate email addresses. Email yourself a copy? Enter the code: Ok You might notice something different here.As we continue our evolution, our data and market news is now available through the Fastmarkets platform and a trial of this website is no longer available. Already registered? Log in Our new delivery solution allows you to access the prices and news that matters most to you in a way that delivers value, quality and a unique, fully customizable view for you. Learn More We are developing an experience that allows you to test drive building your view of our data and news on the new platform. In the meantime, we can prepare a quote for you and show you around. Get Started Contact Us +44 (0) 20 7779 8260 hello.mb@fastmarkets.com Published Jessica Zong Dylan Duan June 21, 2023 12:55 GMT Shanghai Related news {{article|snippet:'title'|removeHtmlTags}} {{article|fields:'dates'|date:dateArticleFormat}}
