Tag: China stainless raw materials
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China: Stainless steel raw material market weakens; NPI falls below RMB 900/t ($126/t)
NPI smelters consider production cuts to manage losses Ferro molybdenum declines amid weaker conc prices SteelDaily: China’s stainless steel raw material market extended its downward trajectory this week, as weak end-user demand continued to weigh heavily on procurement sentiment. The decline filtered through the value chain, pushing nickel pig iron (NPI) prices below the RMB…