China's nickel pig iron (NPI) prices followed the uptrend in stainless steel in the week to Friday May 14, while nickel ore prices stabilized, sources told Fastmarkets.
Fastmarkets' price assessment for nickel pig iron, high-grade NPI content 10-15%, spot, ddp China was 1,135-1,150 yuan ($176.30 -178.60) per nickel unit on May 14, up by 50-55 yuan (4.8%) from 1,080-1,100 yuan per nickel unit a week earlier.After four weeks in decline, the...