Tag: nickel smelter regulations
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Nickel prices hold range amid policy tightening and supply-side developments
Policy shift targets higher value-added nickel processing Vale Indonesia resumes phased mining operations LME nickel prices averaged $17,825/t in the week ended 16 January, slightly up w-o-w from $17,800/t, supported by supply-side uncertainty. Meanwhile, LME-monitored inventories remained range-bound at 285,732 t, limiting upside momentum as ample stocks continue to cap sustained rallies. Market updates Indonesia…