Chinese premiums of nickel plate remained weak, but prices of nickel pig iron (NPI), nickel ore and nickel sulfate all refreshed the highest level hit this year while premiums in the United States were unmoved amid a holiday trading hiatus, Fastmarkets heard.
Chinese prices of NPI, nickel ore and nickel sulfate all up, while nickel plate premiums unchanged. US premiums static due to holidaysStronger LME nickel price deters European spot consumption"I've heard nothing for nickel plate imports due to the big arb loss, but China's prices for stainless steel have been strengthening recently," a Shanghai-based trader said....