Category: Nickel
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LME nickel crosses $16,600/t amid Indonesia supply concerns
El Nino disrupts Indonesian smelter operations Supply concerns support near-term nickel prices LME nickel prices have strengthened amid renewed supply-side concerns from Indonesia, with futures closing at $16,540/t on 22 September, up $275/t d-o-d. Nickel is currently hovering around $16,600/t, reflecting increased market attention to potential supply disruptions. El Nino-linked drought conditions in Indonesia have…