WEEKLY: China's NPI prices stay high on cost support

Source: Mysteel Apr 24, 2026 16:30

China's prices of high-grade nickel pig iron (NPI) remained elevated this week, as solid cost support allowed traders to keep their quotes firm, according to Mysteel's latest survey.

On April 24, Mysteel assessed the price of high-grade NPI with 7-13% nickel content in East China's Jiangsu province at Yuan 1,105/mtu ($162/mtu) including delivery and tax, flat from a week earlier. Sellers' offers stayed firm, with mainstream NPI smelters and traders quoting Yuan 1,120-1,150/mtu portside price including VAT, though