NPI prices rise further amid fears of tightening ore supply from Indonesia

Domestic prices for nickel pig iron in China rose for a sixth week last week, with the Indonesian government's suspension of the issuance of nickel ore mining quotas continued to grip the market.

Transactions reported during the week to Friday August 25 were mostly within 1,170-1,190 yuan per nickel unit, and most buy- and sell-side sources agreed that the market had not reached...


Dylan Duan

August 28, 2023

10:38 GMT