Tag: ferronickel export duties
-
LME nickel prices rise w-o-w as Indonesia signals new export tax
Indonesia’s mining approval process lags, tightening supply Potential hike in benchmark price may further support market Nickel prices on the London Metal Exchange (LME) strengthened in the week ended 27 March, with the three-month contract closing at $17,210/t, up from $16,475/t in the previous week. The uptick was driven by geopolitical tensions and concerns over…