Tag: nickel prices

Indonesia: Nickel prices supported by NPI production cuts, power constraints

May 20, 2026

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by

Manya Dewangan

in Nickel

Weda Bay NPI output faces further reduction Aluminium project diverts power from nickel operations Global nickel prices strengthened in the week ended 20 May following fresh concerns over tightening nickel pig iron (NPI) supply from Indonesia, the world’s largest nickel producer. LME nickel futures briefly touched $19,165/t on 19 May before settling at $18,806/t, supported…