Industry News

Nickel price soars, stainless steel sales heat up in external market

Views : 205
Update time : 2021-10-13 19:36:15
After the Chinese national holiday, the demand for stainless steel exploded and the market stabilized, which led to a great rebound in the international nickel price.

However, as the demand in the fourth quarter is still not so active, Taiwan's domestic market is still cold but the export market kept heating.

With the epidemic going well, the peak season in the fourth quarter will be coming gradually. Moreover, the demand gradually improves after the epidemic in southeast Asia eases. The improvement of sales will come soon.

Ferrochrome, ferronickel, and some raw material prices soared, which drove the prices of stainless steel to rise. With the demand going well, it is worth looking forward to the downstream industry's active purchase.
Related News
Read More >>
Aluminium sliding that looks like wood? Westlake Royal unveils new designs & colours for its Cedar Renditions™ range Aluminium sliding that looks like wood? Westlake Royal unveils new designs & colours for its Cedar Renditions™ range
Mar .06.2025
Aluminium sliding that looks like wood? Westlake Royal unveils new designs & colours for its Cedar Renditions™ range
Aluminium prices diverge as LME gains, SHFE declines amid rising inventories Aluminium prices diverge as LME gains, SHFE declines amid rising inventories
Mar .06.2025
Aluminium prices diverge as LME gains, SHFE declines amid rising inventories
Aluminium giant seeks 14% premium hike in Q2, a surging trend set owing to trade and supply concerns Aluminium giant seeks 14% premium hike in Q2, a surging trend set owing to trade and supply concerns
Mar .06.2025
Aluminium giant seeks 14% premium hike in Q2, a surging trend set owing to trade and supply concerns
Tariffs on Mexico finalised, SHFE aluminium weakens due to alumina drag Tariffs on Mexico finalised, SHFE aluminium weakens due to alumina drag
Mar .06.2025
Tariffs on Mexico finalised, SHFE aluminium weakens due to alumina drag