Industry News

Nickel price turns strong, may stimulate stainless steel price to increase

Views : 196
Update time : 2021-04-29 19:35:13
According to the market of the metal products in the world, the nickel price showed a strong increase in the past three days, with a US$760 increment per ton, nearly touched US$17,000/ton.

By the average market price for nickel in April, the price for nickel was around US$16,300/ton, which showed a flat from last month.

However, the strong recent nickel price and shipping fee might stimulate the stainless steel manufacturers to increase their price for May.
Related News
Read More >>
Taiwan’s Yieh Phui seeks vindication after US preliminary dumping determination on corrosion-resistant steel products Taiwan’s Yieh Phui seeks vindication after US preliminary dumping determination on corrosion-resistant steel products
Apr .17.2025
Taiwan’s Yieh Phui seeks vindication after US preliminary dumping determination on corrosion-resistant steel products
Rio Tinto posts declines in Q1 Pilbara iron ore shipments & production Rio Tinto posts declines in Q1 Pilbara iron ore shipments & production
Apr .17.2025
Rio Tinto posts declines in Q1 Pilbara iron ore shipments & production
China’s crude steel output rises by 4.6% in May, hitting 10-month high China’s crude steel output rises by 4.6% in May, hitting 10-month high
Apr .17.2025
China’s crude steel output rises by 4.6% in May, hitting 10-month high
Philippine SteelAsia to start new steel sections mill in 2027 Philippine SteelAsia to start new steel sections mill in 2027
Apr .17.2025
Philippine SteelAsia to start new steel sections mill in 2027