Tag: Nickel Pig Iron

  • LME nickel prices dip w-o-w amid supply glut

    LME nickel prices dip w-o-w amid supply glut

    Slow stainless steel production in China weighs on prices Indonesia limits new nickel permits for intermediate products Nickel prices on the London Metal Exchange (LME) remained range-bound during the week, with three-month contracts settling at $15,070/t on 7 November, down by $175/t w-o-w from $15,245/t in the previous week. LME nickel inventories stood at around…