WEEKLY: China's NPI prices push higher on firmer trades

Nickel pig iron (NPI) prices across China's domestic spot markets gained ground during the week ending September 12, thanks to higher traded prices concluded by leading companies, Mysteel Global noted.

On September 12, Mysteel assessed the spot price of high-grade NPI with 7-13% nickel content in East China's Jiangsu province at Yuan 960/mtu ($135/mtu) including delivery and the 13% VAT, up by Yuan 10/mtu from a week earlier. Two deals were reportedly clinched during Mysteel's survey period, including one finalised by