Nickel, Chromium, and Stainless Steel Morning Briefing 🌞
June 17, 2024
Nickel Series 🔍
Nickel ore: With a tight supply, nickel ore prices are prone to rise but not fall easily. As of June 14, 2024, Mysteel laterite nickel ore CIF prices remain steady, currently Ni: 0.9% low aluminum ore is at...
Stainless Steel Billet Price Rebound and Scrap Market Update
Market Overview
On June 18th, the stainless steel billet market in Foshan experienced a slight rebound in prices, with the 304 scrap material prices remaining mostly stable. The London nickel price fell by $220 to $17,430 per ton, w...
Stainless Steel Billet Prices Tend to Rise; Price Gap of 201 Scrap Widens to 150 Yuan/Ton After a Drop
June 20th, Foshan Market News: Yesterday, the London nickel price fell by $25 to $17,325 per ton, with a position of 161,908 hands, a transaction of 4,446 hands, and an inventory of 89,562 t...
Stainless Steel Market Report
Date: July 1st, Foshan Market
Market Overview
Yesterday, Nickel fell by $70 to $17,190 per ton, with positions at 203,229 hands, and transactions at 4,132 hands, with inventory at 95,034 tons. As of 15:01 today, Nickel turned red, fluctuating around $17,331 per...