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Tariff Policy Fluctuations, Nickel and Stainless Steel Volatile Operation [Institutional Commentary]
【Futures Market Review】The most-traded SHFE nickel contract closed at 126,320 yuan/mt during the daytime session, up 0.57%. The most-traded stainless steel contract closed at 12,790 yuan/mt, up 0.39%.
The stainless steel market experiences a continued slump with nickel prices dropping to 2020 lows, while reciprocal tariffs avoid impacting steel prices, leading mills to adjust pricing policies amid ...
SMM reported on April 17 that from April 10-17, 2025, the total stainless steel inventory in the Wuxi and Foshan markets ...
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