Industry News

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

Views : 262
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 >>
South Africa’s coal exports rise on improved rail performance South Africa’s coal exports rise on improved rail performance
Jan .30.2026
South Africa’s coal exports rise on improved rail performance
Ukrainian industry to drive postwar recovery Ukrainian industry to drive postwar recovery
Jan .30.2026
Ukrainian industry to drive postwar recovery
Hindalco invests Rs 21,000 crore to expand aluminum production in Odisha Hindalco invests Rs 21,000 crore to expand aluminum production in Odisha
Jan .30.2026
Hindalco invests Rs 21,000 crore to expand aluminum production in Odisha
Taiwan’s Yusco largely raises stainless steel prices for Feb as raw material costs soar Taiwan’s Yusco largely raises stainless steel prices for Feb as raw material costs soar
Jan .30.2026
Taiwan’s Yusco largely raises stainless steel prices for Feb as raw material costs soar