Tag: base metals
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Opening Bell: LME, SHFE nickel futures spike, US agrees to lift sanction on UK
US partially lifts section 232 tariffs on UK aluminium which were earlier levied with 10% to protect the domestic industry. LME aluminium futures gained yesterday while nickel prices continued to remain volatile with a spike over 15% for the first time since trading resumed last week. A similar trend was also seen in SHFE Nickel…