Tag: nickel supply surplus
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LME nickel market remains steady w-o-w as Indonesia cuts mining quota duration
Global nickel market to face 256,000-t surplus in 2026 EU concerned over China-controlled MMG’s nickel deal Nickel futures on the London Metal Exchange (LME) experienced minor fluctuations last week, remaining range-bound. The three-month nickel futures settled at $15,355/tonne (t) on the last trading day, slightly down from $15,400/t the previous week. During the same period,…