Tag: Indonesia nickel ore quota
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Asian stainless steel prices remain firm on nickel rally adding to cost pressures
SHFE nickel surges from mid-Dec’25 lows Holiday season keeps market activity muted SteelDaily: Asian stainless steel prices remained firm in end-December 2025, supported by a sharp rally in nickel prices and tightening supply expectations from Indonesia. However, actual spot trading activity stayed subdued, as buyers resisted higher offers amid seasonal slowdown and weak demand visibility.…