Tag: stainless steel raw materials

Landslide disrupts operations at major Indonesian nickel processing hub Profit-booking, stable LME stocks, China holiday slowdown cap upside Nickel prices continued to climb up w-o-w, triggered by Indonesia’s aggressive ore quota cuts, though macro pressure and seasonal demand weakness offset supply concerns. LME three-month nickel averaged $17,350/t in the week ended 20 February, up 2%…