Category: Nickel
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LME nickel prices inch down w-o-w amid elevated inventories
RKEF utilisation declines amid feedstock shortages El Nino threatens hydropower-dependent smelter operations LME three-month nickel prices remained broadly stable at around $16,760/t as of 3 September 2026, compared with $17,000/t a week earlier. Prices found some support from a weaker US dollar, but gains were limited by elevated refined nickel inventories and cautious downstream demand.…