Industry News

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

Views : 227
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 coated steel demand falls short of expectations after typhoon reconstruction Taiwan's coated steel demand falls short of expectations after typhoon reconstruction
Sep .19.2025
Taiwan's coated steel demand falls short of expectations after typhoon reconstruction
Global primary aluminum market has short supply of 119,900 tons in Jul Global primary aluminum market has short supply of 119,900 tons in Jul
Sep .19.2025
Global primary aluminum market has short supply of 119,900 tons in Jul
China's aluminum-related production statistics in Aug China's aluminum-related production statistics in Aug
Sep .19.2025
China's aluminum-related production statistics in Aug
Saudi Arabia accelerates major water transmission projects, raising pipe and long steel demand Saudi Arabia accelerates major water transmission projects, raising pipe and long steel demand
Sep .19.2025
Saudi Arabia accelerates major water transmission projects, raising pipe and long steel demand