From the supply side, smelters’ quotes remain firm but transactions are limited, with market circulation mainly consisting of trade merchants’ previous or arbitrage sources on the plate.
From the demand side, terminal consumption is obviously suppressed, and steel mills’ procurement mainly involves some trade merchants selling at low prices.
Overall, the market structure is clearly differentiated, with the mainstream transaction price center of steel mills still operating below 1100 yuan/nickel point, but high-grade sources with nickel content of 12% and above 14% are significantly scarce, with the premium space continuously widening, and recent high-priced transactions are mostly concentrated on high-nickel point sources.
(Shanghai Nonferrous Metals Network)
高ニッケル鉄市場の分化 高品位原料のプレミアム拡大
From the supply side, smelters’ quotes remain firm but transactions are limited, with market circulation mainly consisting of trade merchants’ previous or arbitrage sources on the plate.
From the demand side, terminal consumption is obviously suppressed, and steel mills’ procurement mainly involves some trade merchants selling at low prices.
Overall, the market structure is clearly differentiated, with the mainstream transaction price center of steel mills still operating below 1100 yuan/nickel point, but high-grade sources with nickel content of 12% and above 14% are significantly scarce, with the premium space continuously widening, and recent high-priced transactions are mostly concentrated on high-nickel point sources.
(Shanghai Nonferrous Metals Network)