Tag: nickel price trends

Indonesia tightens approvals for new nickel smelters LME nickel inventories inch up w-o-w, remain elevated Nickel prices on the London Metal Exchange (LME) fell 3% w-o-w, with the three-month contract settling at $14,475/t on 21 November, compared with $14,870/t last week. The continued weakness reflects persistent bearish sentiment, limited demand recovery, and oversupply pressures in…