SMM Nickel Brief: High-Grade NPI Market Sentiment Stagnant, Downstream Caution Prevails

[Midrex to Supply DRI Line for US Steel’s Big River Steel]

China’s tungsten raw material market is weak, and tungsten concentrates production is operating at low levels.

[SMM Nickel Morning Meeting Summary] US June nonfarm payrolls added 57,000, missing expectations, and the most-traded SHFE nickel contract surged to the 128,000 yuan level in early trading before pulling back slightly.

[SMM Stainless Steel Flash] EU Steel Import Quotas Exceeded in Several Categories Just Three Days into New Period