The prices of London nickel continued to rise yesterday, with an increase of more than 900 US dollars in a single day. Today, the nickel price also rose by more than 4,000 yuan / ton. Moreover, the price of ferromolybdenum has continued to rise, rising to 210,000 tons.
Taking into account the measures taken by steel mills to limit and stop production, the recovery of stainless steel market prices should also happen sooner or later. This may be the best time to get the goods.