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Supply and demand are sluggish, and high-nickel pig iron prices remain slightly declining
From the supply side, the upstream price center continues to decline, with some traders continuously lowering their intended prices. From the demand side, the current market remains relatively sluggish, and the price difference between high and low-grade nickel pig iron continues to widen. Overall, consumption is relatively weak, and the price of high-nickel ferrous metal remains slightly declining. (Shanghai Nonferrous Metals Network)