Nickel prices hikes, stainless steelmakers increase market price to react
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Update time : 2020-05-22 17:02:10
According to the market prices on the London Metal Exchange (LME), the nickel prices increased strongly in the recent 2 days, which pushed the stainless steelmakers to increase their market prices.
Among them, the increasing trend of stainless steel prices had not only happened in China but also in Indonesia and Taiwan.
However, the demand side was not resumed 100% yet, the future market trend would need to be observed by the changes in nickel prices.
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