WEEKLY: Indonesia policy uncertainty weighs on China NPI prices

China's domestic spot prices of high-grade nickel pig iron (NPI) fell this week in tandem with weaker nickel and stainless steel futures prices, according to Mysteel's latest survey results.

On June 26, Mysteel assessed high-grade NPI (7-13% Ni) in East China's Jiangsu province at Yuan 1,160/mtu ($171/mtu) including delivery and tax, down Yuan 5/mtu from June 18, the last trading day before the Dragon Boat Festival holiday weekend. During the week, the US dollar index remained firm amid growing