【Price Review】 On December 4th, the prices of seamless steel pipes in major cities across China operated steadily. The national average price of 1084.5mm seamless steel pipe was reported at 4,233 yuan/ton, remaining flat from the previous trading day. Prices of 1084.5mm seamless steel pipe in Linyi and Liaocheng markets also remained stable temporarily. The Mysteel Seamless Steel Pipe Price Index stood at 4,115.87, unchanged from the previous working day.

The price of titanium rod TA1 (20mm) is 108 - 115 yuan per kg, and for TA1 (20 - 50mm), it is 105 - 108 yuan per kg; The price of titanium tube TA1 (20 - 25mm) is 125 - 130 yuan per kg, and for TA1 (25 - 30mm), it is 120 - 125 yuan per kg; The price of titanium wire TA1 (1 - 2mm) is 155 - 185 yuan per kg, and for TC4 (1 - 2mm), it is 265 - 275 yuan per kg; The price of titanium sheet TA1 (1 - 3mm) is 89 - 90 yuan per kg, and for TA1 (3 - 5mm), it is 61 - 62 yuan per kg, for TA1 (5 - 10mm), it is 60 - 61 yuan per kg, and for TC4 (5 - 10mm), it is 150 - 160 yuan per kg; The price of titanium chips TA (fine/coarse) is 29 - 31 yuan per kg, and TC is 25 - 27 yuan per kg; The price of waste titanium TA (cut-off/used) is 35 - 45 yuan per kg, and TC (cut-off/used) is 32 - 40 yuan per kg; The price of titanium ingot TA1 is 54 - 55 yuan per kg, TA2 is 53 - 54 yuan per kg, and TC4 is 63 - 64 yuan per kg.

On August 2, 2023, the mainstream reference contract for refined nickel in the Shanghai market was the SHFE Nickel 2309 Contract. Jinchuan Electrolytic Nickel: premium/discount +4,100 CNY/ton, price 176,220 CNY/ton Russian Nickel: premium/discount +2,100 CNY/ton, price 174,220 CNY/ton Norwegian Nickel: premium/discount +5,300 CNY/ton, price 177,420 CNY/ton Nickel Matte: premium/discount +500 CNY/ton, price 172,620 CNY/ton