Steel News

We strive to let you one step ahead of the market.

Nickel price soars, stainless steel sales heat up in external market

13 Oct 2021 16:27 reported by Henry Zhao

A A A
After the Chinese national holiday, the demand for stainless steel exploded and the market stabilized, which led to a great rebound in the international nickel price.

However, as the demand in the fourth quarter is still not so active, Taiwan's domestic market is still cold but the export market kept heating.

With the epidemic going well, the peak season in the fourth quarter will be coming gradually. Moreover, the demand gradually improves after the epidemic in southeast Asia eases. The improvement of sales will come soon.

Ferrochrome, ferronickel, and some raw material prices soared, which drove the prices of stainless steel to rise. With the demand going well, it is worth looking forward to the downstream industry's active purchase.

Back to Steel News

Related News

Taiwan’s Walsin Lihwa raises stainless steel wire rod prices for Nov

  • Stainless steel
  • 28 Oct 2021 15:00

Taiwan’s Yusco announces new stainless steel prices for Nov

  • Stainless steel
  • 28 Oct 2021 15:00

Stainless steel price stimulated by strong global nickel price

  • Stainless steel
  • 27 Oct 2021 16:48

LME nickel price back to $20,000/ton level on supply concerns

  • Stainless steel
  • 26 Oct 2021 15:34

Taiwan’s Yusco & Tang Eng expected to hike stainless steel prices for Nov due to tight nickel supply

  • Stainless steel
  • 25 Oct 2021 16:36

Metal Price Index

Learn more

LME Official Bid Price

  • Zinc
  • 3,384.50
  • 3,326.00
  • Aluminum
  • 2,703.50
  • 2,724.50
  • Copper
  • 9,845.00
  • 9,600.00
  • Nickel
  • 19,845.00
  • 19,650.00

Learn more

Coil Exchange Center

  • 2B Coil-Nov
  • 3,975
  • 3,835
  • NO1 Coil-Nov
  • 3,945
  • 3,805
  • 2B Coil-Nov
  • 3,975
  • 3,835
  • NO1 Coil-Nov
  • 3,945
  • 3,805

Learn more