Nickel Iron Prices Rise This Week, Showing Further Upward Momentum

Deep News
05/09

SMM's average price for 10-12% high-grade nickel pig iron increased by 30.5 yuan per nickel point compared to last week, reaching 1150.5 yuan per nickel point (ex-factory, tax included). The average FOB index price for Indonesian NPI rose by 3.58 US dollars per nickel point from the previous week, recording 146.78 US dollars per nickel point. This week, policy factors and market trends have driven prices to steadily advance, with the price center for nickel iron moving further upward.

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