After the holiday, electrolytic nickel prices increased month-on-month, and high-nickel pig iron prices also rose month-on-month. The average discount of high-nickel pig iron to electrolytic nickel widened to 357.88 yuan per nickel point. It is expected that next week, high-nickel pig iron prices will still have room to rise, and electrolytic nickel prices will also be supported. The average discount of high-nickel pig iron to electrolytic nickel is expected to continue widening. (SMM)
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Nickel prices rise after the holiday; high-nickel pig iron may continue to rise next week, and the discount may widen
After the holiday, electrolytic nickel prices increased month-on-month, and high-nickel pig iron prices also rose month-on-month. The average discount of high-nickel pig iron to electrolytic nickel widened to 357.88 yuan per nickel point. It is expected that next week, high-nickel pig iron prices will still have room to rise, and electrolytic nickel prices will also be supported. The average discount of high-nickel pig iron to electrolytic nickel is expected to continue widening. (SMM)