Mar 28, 2024 23:08
These are stainless steel production costs by raw materials in February: stainless steel scrap (14,193.84 yuan/mt) and highgrade NPI (13,731.33 yuan/mt). Raw materials dipped amid falling prices of stainless steel finished products. Inquiry price of stainless steel scrap was flat, but 304 and 201 off-cuts scrap prices dropped several times. With waning impact of RKAB, high-grade NPI prices were dominated by fundamentals, but may decline to a limited extent
Mar 27, 2024 23:55
According to the data released by the Customs Statistics Platform, China imported 8,701 mt of refined nickel (unwrought non-alloyed nickel containing total nickel and cobalt ≥99.99%, cobalt ≤0.005%, other unwrought nonalloyed nickel and unwrought nickel alloys) in December 2023. The customs clearance volume was down 10.31% MoM and 20.72% YoY. Of the total, 5,785 mt or 65.5% was other unwrought nickel alloys, down 63.27% YoY.