WEEKLY: China NPI prices firm as availability tightens

Source: Mysteel Aug 07, 2026 17:20

Chinese prices of high-grade nickel pig iron (NPI) edged up this week, bolstered by the ongoing scarcity of supply, Mysteel Global learned.

On August 7, Mysteel assessed the price of high-grade NPI with 7-13% nickel content in East China's Jiangsu province at Yuan 1,160/mtu ($172/mtu) including delivery and tax, higher by Yuan 5/mtu from the previous week. Supply remained the key factor fueling the market's bullishness. Tradable high-grade NPI stayed scarce, with