Chinese NPI market flat amid production cuts; ore prices extend gains

September 18, 2021 / www.metalbulletin.com / Article Link

China's nickel pig iron (NPI) prices held steady in the week to Friday September 17 amid nationwide production cuts while those for nickel ore surged amid increased freight and tight supply.

Fastmarkets price assessment for nickel pig iron, high-grade NPI content 10-15%, spot, ddp China was 1,430-1,450 yuan ($222-225) per nickel unit on Friday, unchanged from a week earlier.
Prices have been unchanged since September 3 after they rose to their highest in seven years.

"NPI prices are staying high and it is hard to say whether they will keep going up or not because the strict production cuts imposed on stainless steel mills and NPI producers all over China recently have brought a lot...

Recent News

Gold stocks lead the large cap miners by far over H1/25

July 07, 2025 / www.canadianminingreport.com

Gold stocks up as the metal price and equities gain

July 07, 2025 / www.canadianminingreport.com

Mixed outlook for gold as it remains range bound for past three months

June 30, 2025 / www.canadianminingreport.com

Gold stocks down on flat metal price

June 30, 2025 / www.canadianminingreport.com

Gold stocks down on metal decline

June 23, 2025 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok