China's NPI prices find support from higher input costs, strong demand

Chinese nickel pig iron (NPI) prices rose for a third consecutive week on Friday August 4 amid sustained robust demand from the downstream stainless steel sector, sources told Fastmarkets.

Profits at domestic stainless steel mills reportedly increased amid prices for the product remaining well above 15,000 yuan ($2,091) per tonne, despite a slight dip in the recent week. Due...


Dylan Duan

August 07, 2023

09:47 GMT