Industry News

Nickel prices hikes, stainless steelmakers increase market price to react

Views : 432
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.
Related News
Read More >>
China's primary aluminum imports decline, exports surge in May China's primary aluminum imports decline, exports surge in May
Jun .26.2025
China's primary aluminum imports decline, exports surge in May
Taiwan's Yusco expects environmental issues to drive stainless steel demand Taiwan's Yusco expects environmental issues to drive stainless steel demand
Jun .26.2025
Taiwan's Yusco expects environmental issues to drive stainless steel demand
LME nickel returns to $15,000 level on expected Fed interest rate cut LME nickel returns to $15,000 level on expected Fed interest rate cut
Jun .26.2025
LME nickel returns to $15,000 level on expected Fed interest rate cut
Fujian Tsingtuo Special Steel achieves global first in stainless plate manufacturing with three-hot integration mode Fujian Tsingtuo Special Steel achieves global first in stainless plate manufacturing with three-hot integration mode
Jun .26.2025
Fujian Tsingtuo Special Steel achieves global first in stainless plate manufacturing with three-hot integration mode