Nov 16 (LTIT) –Recently, the prices of 3-series stainless steel products have declined slowly, and the price of high nickel pig iron is relatively firm，thus the 3-series stainless steel, which maintains high output, may decline. From November to December, large steel mills in South China and East China may return a large amount of nickel pig iron from Indonesia，It is estimated that over 20,000 tons of nickel pig iron will be returned to China in November. The imported stainless steel supply is expected to continue to increase.

Market analysis believes that if there is no macro-good news in the near future, the possibility of a rebound in domestic nickel prices is less likely.