• EN
    • ES
  • About YIEH
  • About YIEH
    • About Us
    • Vision & Values
    • Affiliate Companies
    • Office Branch
    • Privacy Policy
    • Certificates
  • Products
    • Stainless Steel
    • Stainless Steel Hot Rolled Coil
    • Stainless Steel Cold Rolled Coil
    • Stainless Steel Strip
    • Stainless Steel Plate
    • Stainless Steel Checker Plate
    • Stainless Steel Sheet
    • Pre-painted Stainless Steel Coil / Sheet
    • Carbon Steel
    • Carbon Steel Hot Rolled Coil / Strip / Plate / Sheet
    • Carbon Steel Cold Rolled Coil / Strip / Sheet
    • Coated Steel
    • Hot-dip Galvanized Steel
    • Hot-dip Galvalume Steel / Hot-dip Galfan Steel (GL / GF)
    • PPGI / PPGL / PPGF
    • Electro Galvanized Steel (EGI)
    • Aluminum
    • Aluminum Sheet
    • Aluminum Plate
    • Aluminum Coil and Strip
    • Aluminum Foil
    • Aluminum Checker Plate
    • Aluminum Embossed Coil
    • Aluminum Disc
    • Aluminum Customized Profile
    • Aluminum Architectural Profile
    • Aluminum Industrial Profile
    • Aluminum Channel
    • Color Coated Aluminum Coil / Sheet
    • Pipe/ Tube
    • Stainless Steel Welded Pipes / Tubes
    • Stainless Steel Seamless Pipes / Tubes
    • Carbon Steel Welded Pipes / Tubes
    • Carbon Steel Seamless Pipes / Tubes
    • Alloy Steel Seamless Pipes / Tubes
    • High Steel Grade Line Pipes
    • Aluminum Tube / Pipe
    • Bar
    • Stainless Steel Bar
    • Carbon Steel Bar
    • Hot Rolled Reinforcing Bar
    • Special Steel Bar
    • Aluminum Angle Bar
    • Aluminum Flat Bar
    • Aluminum Square Bar
    • Aluminum Round Bar
    • Wire Rod
    • Stainless Steel Wire Rod
    • Stainless Steel Wire
    • Carbon Steel Wire Rod
    • Galvanized Steel Wire Ropes
    • PVC Coated Galvanized Wire Ropes
    • Ungalvanized Steel Wire Ropes
    • Others
    • Silicon Steel
    • Titanium / Nickel & Alloy
    • Abrasion Resistant Steel
    • Micro-Alloyed Steel
    • Seamless and Welded Butt Weld Fitting
    • Forged Flanges
    • Stainless Steel Screws-YCS 550
  • Steel News

    Yieh Steel Market News

    LME Official Price Info

    Top Headline

    LME nickel futures hit one-month high on Jul 3
  • Customer Service
  • Marketing Platforms

    Coil Exchange Center

    CEC Q&A

    Why YIEH's Offer

    YIEH's Offer

  • Register
  • Inquiry
  • Catalogue
  • Privacy
    Catalogue Inquiry
    English Español

Steel News

We strive to let you one step ahead of the market.

Home Steel News Stainless producers planning to cut Q2 nickel purchasing
  • Topic
  • Region
The Latest Stainless Steel Carbon Steel Aluminum Longs, Pipes, Tubes Raw Materials Industrial Activities Government Policies Decarbonization Others
Asia & Pacific China Middle East & Central Asia Europe Africa North America South & Central America Global

Stainless producers planning to cut Q2 nickel purchasing

21 Mar 2007 11:40 reported by Brian Huang

A A A
European stainless steel mills are decreasing their purchase on nickel for the second quarter while three-month nickel price on the LME soared to US$47,150, market sources said.

Stainless steel makers in Europe are suffered from the sky high cost of nickel recently; they are struggling to maintain a low level purchases on nickel, some of them have been canceling nickel orders.

People are really chapfallen at this moment and take a high risk to purchase this raw material, thus they only buy what they absolutely require and place orders at last minute, sources added.

Back to Steel News

Related News

LME nickel futures hit one-month high on Jul 3

  • Stainless Steel
  • 4 Jul 2025 14:36

Nickel prices hit 3-week high on trade deal & Fed rate cut hopes

  • Stainless Steel
  • 3 Jul 2025 16:23

YC Inox to start mass production in Turkish stainless steel pipe plant in Q3 2025

  • Stainless Steel
  • 3 Jul 2025 15:07

Brazil launches AD investigation on hot-rolled stainless steel flat products from 3 countries

  • Stainless Steel
  • 2 Jul 2025 15:01

ISSDA: India’s stainless steel consumption grows by 8% in FY25

  • Stainless Steel
  • 2 Jul 2025 14:57

Metal Price Index

  • Created with Highcharts 4.0.41. Jun1. Jul1. Aug13,50014,00014,50015,00015,50016,000
  • Created with Highcharts 4.0.41. Jun1. Jul1. Aug2500260027002800
  • Created with Highcharts 4.0.41. Jun1. Jul1. Aug220023002400250026002700
  • Created with Highcharts 4.0.41. Jun1. Jul1. Aug800085009000950010,00010,500
  • Nickel
  • Zinc
  • Aluminum
  • Copper

Learn more

LME Official Bid Price

  • USD / MT
  • Cash
  • 3 Months
  • Zinc
  • 2,726.50
  • 2,749.50
  • Aluminum
  • 2,603.50
  • 2,608.50
  • Copper
  • 10,119.00
  • 10,010.00
  • Nickel
  • 15,230.00
  • 15,400.00

Learn more

No 6, E-Da Road, Yanchao Dist., Kaohsiung City, Taiwan, 82445 R.O.C.

About YIEH Register Inquiry EN ES
Copyright © Yieh Corp. All Rights Reserved.