Delayed publication of China NPI, nickel ore assessments

The publication of Fastmarkets’ assessments for China’s nickel pig iron and nickel ore markets were delayed because of a reporter error. Fastmarkets’ pricing database has been updated.

May 30, 2025

By Dylan Duan

China Nickel Nickel ore Pricing notice Steel raw materials

The following prices were affected:
MB-FEN-0001 Nickel pig iron, high-grade NPI content 10-15%, contract, ddp China, yuan/nickel unit price
MB-FEN-0002 Nickel pig iron, high-grade NPI content 10-15%, spot, ddp China, yuan/nickel unit price
MB-NIO-0001 Nickel ore with 1.8% nickel content, cif China, $/tonne
MB-NIO-0002 Laterite ore with 1.5% Ni content, cif China, $/tonne
MB-NIO-0006 Laterite ore with 1.3% Ni content, cif China, $/tonne

MB-FEN-0001 and MB-FEN-0002 are part of Fastmarkets’ Steel Raw Materials package, and MB-NIO-0001, MB-NIO-0002 and MB-NIO-0006 are part of Fastmarkets’ Base Metals package.

To provide feedback on these prices or if you would like to provide price information by becoming a data submitter to these prices, please contact Dylan Duan by email at: pricing@fastmarkets.com. Please add the subject heading “FAO: Dylan Duan, NPI and Nickel Ore, CIF China.”

Please indicate if comments are confidential. Fastmarkets will consider all comments received and will make comments not marked as confidential available upon request.

To see all Fastmarkets pricing methodology and specification documents, go to https://www.fastmarkets.com/methodology.

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