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Asian stainless steel market weakens amid potential increase in nickel ore supply, tighter EU import quotas

Source: BigMint Jul 09, 2026 10:10

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SHFE nickel contract for Sep'26 declines nearly 4% w-o-w. EU cuts duty-free quota for cold-rolled stainless steel by 47%

The Asian stainless steel market remained under pressure in early July as concerns over a potential increase in Indonesia's nickel ore production quotas (RKAB) and the European Union's tighter import quota regime weighed on market sentiment. The possibility of higher nickel ore availability has raised expectations of lower raw

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Price Curve

Daily Prices

Major steel product prices: Shenyang

Jul 09, 2026 17:55
HRC prices: China's major cities

Jul 09, 2026 17:55
Major steel product prices: Liaoning

Jul 09, 2026 17:55
HRC prices: Changchun

Jul 09, 2026 17:54
HRC prices: Shenyang

Jul 09, 2026 17:54

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