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WEEKLY: Subdued demand hits Chinese NPI prices

Source: Mysteel Jul 24, 2026 17:10
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Nickel Stainless Steel Price Trading
China's domestic spot prices of high-grade nickel pig iron (NPI) softened this week amid thin trading, Mysteel Global learned.
On July 24, Mysteel assessed high-grade NPI (7-13% Ni) in East China's Jiangsu province at Yuan 1,145/mtu ($169/mtu) including delivery and tax, lower by Yuan 5/mtu from a week earlier.   The usual summer lull crimped demand for the ferroalloy during the week. Stainless steel mills showed limited appetite for high-priced

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