Latest news on China Nickel Ore markets

Survey: China import statistics on nickel ore by country 2025-08

China's monthly import statistics on nickel ore by country. Survey month: 2025-08 Source: General Administration of Customs

WEEKLY: China's NPI price holds at over 1.5-year low

China's prices for high-grade nickel pig iron (NPI) remained stable over June 27July 4, sitting at their lowest level since December 2023. While trading activity stayed muted, market sources told Mysteel Global that the current level may represent a short-term bottom, as prices have neared breakeven

WEEKLY: Weak stainless sector weighs further on China's NPI prices

China's prices for high-grade nickel pig iron (NPI) continued to trend downward over June 12-19, as stainless steelmakers faced steeper losses and tighter budgets, Mysteel Global reported.

WEEKLY: China's NPI prices drop further as stainless market weakens

China's prices for high-grade nickel pig iron (NPI) slumped during June 6-13, dragged lower by deepening losses in the stainless steel sector and shrinking seasonal demand, Mysteel Global noted.

WEEKLY: China's NPI prices edge up, market activity stronger

China's market for high-grade nickel pig iron (NPI) showed slight upward momentum during May 30-June 6, as major stainless steelmakers resumed raw material procurement following the country's three-day Dragon Boat Festival holiday, which ended on June 2, Mysteel Global has learned.

WEEKLY: China's NPI market steady amid muted trading

China's nickel pig iron (NPI) market remained largely stable over May 23-30, though sentiment was dampened by weakness in the stainless steel sector, with overall trading activity staying subdued throughout the week, Mysteel Global observed.

WEEKLY: Decline in China's NPI price finally ends

China's high-grade nickel pig iron (NPI) market has finally emerged from its nearly two-month-long decline, Mysteel's latest assessment for the ferroalloy shows, with signs of a potential supply cut among domestic smelters helping to ease oversupply pressures.

WEEKLY: China's NPI price holds steady at lows

China's nickel pig iron (NPI) market remained stable during the week of May 9-16, hovering at a more than three-month low. The stagnant price trend reflected subdued sentiment in the domestic NPI market, Mysteel Global noted.

WEEKLY: China's NPI market softens further, output to dip in May

China's nickel pig iron (NPI) market resumed its downward tack after the country's five-day Labour Day holiday ended on May 5, as stainless steelmakers maintained their dominance in pricing negotiations amid ample supply of the ferroalloy, Mysteel Global observed.

WEEKLY: China's NPI prices extend decline despite rising costs

China's nickel pig iron (NPI) market continued declining during April 23-30, as financially strained stainless steel mills further tightened their raw material procurement budgets ahead of the country's five-day Labour Day holiday beginning on May 1, Mysteel Global noted.