Stainless steel mills' robust demand sends China's NPI, FeNi imports to all-time high in July

China’s nickel pig iron (NPI) and ferro-nickel (FeNi) imports surged to a record high in July on stainless steel mills’ high restocking rates despite sluggish consumption downstream.

The country imported 761,168 tonnes of NPI and FeNi last month, up by 26.27% from June and marking a 101.87% year-on-year jump, according to Chinese customs data.


Jessica Zong

Dylan Duan

August 29, 2023

05:20 GMT