The local prices are expected to be released soon, stay tuned!
Got it
+86 021 5155-0306
Language:
SMM
Sign In
Base Metals
Aluminum
Copper
Lead
Nickel
Tin
Zinc
New Energy
Solar
Lithium
Cobalt
Lithium Battery Cathode Material
Anode Materials
Diaphragm
Electrolyte
Lithium-ion Battery
Sodium-ion Battery
Used Lithium-ion Battery
Hydrogen Energy
Energy Storage
Minor Metals
Silicon
Magnesium
Titanium
Bismuth/Selenium/Tellurium
Tungsten
Antimony
Chromium
Manganese
Indium/Germanium/Gallium
Niobium/Tantalum
Other Minor Metals
Precious Metals
Rare Earth
Gold
Silver
Palladium
Platinum/Ruthenium
Rhodium
Iridium
Scrap Metals
Copper Scrap
Aluminum Scrap
Tin Scrap
Ferrous Metals
Iron Ore Price
Finished Steel
Coke
Coal
Pig Iron
Silicon Steel
Others
Futures
SMM Index
MMi
High-Grade NPI Tender Price Rises, Market Prices Remain Stable in the Short Term [NPI Daily Review]
Mar 24, 2025, at 7:59 am
[SMM Daily Review: High-Grade NPI Tender Price Rises, Market Prices Remain Stable in the Short Term] On March 24, the SMM 8-12% high-grade NPI average price was 1,022.5 yuan/mtu (ex-factory, tax included), up 2.5 yuan/mtu from the previous working day...
SMM March 24 News, SMM 8-12% high-grade NPI average price was 1,022.5 yuan/mtu (ex-factory, tax included), up 2.5 yuan/mtu from the previous working day. Supply side, domestically, smelters are operating with low raw material inventory, and shipments from the Philippines at the end of the rainy season still need time to arrive. Some smelters have production lines under maintenance, leading to low production. In Indonesia, nickel ore mining and output were below expectations, with some smelters also having low raw material inventory. Additionally, some production lines in the main producing areas are running at low capacity, resulting in limited production growth despite new capacity releases. Demand side, stainless steel spot performance is weak, coupled with a decrease in stainless steel scrap prices, which has restored some economic advantages, putting pressure on high-grade NPI prices. A stainless steel mill in South China tendered at a significantly higher price than the previous period, and it is expected that high-grade NPI will remain stable in the short term.
