Category: Nickel

LME inventories decline despite ample global supply Indonesia expands downstream nickel investments London Metal Exchange (LME) three-month nickel prices increased 3% w-o-w to $17,430/t in the week ended 25 July 2026, compared with $16,870/t a week earlier. Meanwhile, LME nickel inventories declined 2.5% to 267,342 t from 274,584 t, indicating continued warehouse destocking despite inventories…