SteelMint

Category: Nickel

  • LME nickel prices inch up w-o-w as supply concerns persist

    LME nickel prices inch up w-o-w as supply concerns persist

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    by

    Manya Dewangan
    in

    Water shortages reduce Indonesian smelter operating rates Weak Chinese demand limits steeper nickel price upside LME three-month nickel prices increased marginally to $16,230/t on 25 September 2026, compared with $16,180/t a week earlier. LME nickel inventories increased 2.1% w-o-w to 284,946 t from 278,826 t, indicating higher availability in the exchange system. LME nickel prices…