Nickel weakens while Indian coil prices rise
Nickel and NPI softened sharply, chrome eased only marginally, Indian mills raised selected stainless coil prices, and DGTR's revised oral hearing falls today.
Trade Intelligence Notice: Indicative trade intelligence for industrial planning. Every figure carries its actual verified source and date. For firm contract pricing on specific coils, circles, or sheets, contact our desk.
China & Global Inputs
15 Sep 2026 close.
16 Sep 2026 assessment.
16 Sep 2026 assessment.
16 Sep 2026 assessment.
16 Sep 2026 assessment.
India Domestic
15 Sep 2026 market reference.
Revision effective 12 Sep 2026.
H1 2026.
Market Read: Outlook & Risk Balance
China and Indonesia NPI fell sharply on 16 September while the China ferrochrome tender index slipped only 0.25% and South African ferrochrome was unchanged. Indian selected coil prices remain firm despite softer nickel inputs.
- LME 3M nickel
- China NPI 10-12%
- Indonesia NPI FOB
- China HC ferrochrome tender index
- South African ferrochrome
- DGTR oral hearing on 16 September 2026
- Red Sea and Suez routing changes
An applicable DGTR duty outcome could override gradual raw-material easing, while further Suez routing changes could alter freight and transit times.
Policy Watch
DGTR oral hearing for cold-rolled stainless 300/400-series case
Scheduled for 16 September 2026 at 3:30 PM ISTCase 06/28/2025-DGTR covers China PR, Indonesia and Vietnam; the current case page shows the revised hearing notice as the latest published item.
The cards
The same cards posted on social. Open one for the full size.
Source Attribution: SMM 15-16 Sep 2026 | BigMint 14-15 Sep 2026 | DGTR current 16 Sep 2026 | Maersk 14 Sep 2026
Published by Metal Dock B2B Trade Intelligence Desk · Wazirpur Industrial Area, Delhi
Discuss Today's Pricing with Our B2B Desk
Need customized slit coils, deep drawing circles, or tri-ply blanks based on today's indicative benchmarks? Connect directly with our Wazirpur sales team.