China's nickel pig iron (NPI) prices were unchanged last week amid a softening of stainless steel prices and thinner trading, though those for nickel ore still increased because of tight supply.
Fastmarkets' price assessment for nickel pig iron, high-grade NPI content 10-15%, spot, ddp China was 1,225-1,250 yuan ($189-193) per nickel unit last Friday July 9, the same as a week earlier, but up by 100 yuan (8.8%) from 1,125-1,150 yuan per tonne on May 28."The stockpiling...