Industry News

LME's nickel price slides by nearly 2% on Nov 15

Views : 223
Update time : 2021-11-16 20:52:33
According to the market information, the nickel price on the London Metal Exchange (LME) on November 15th came to US$19,594/ton, decreased by over 1.9% on a trading day.

Among them, the main reason for the decrease of nickel price was influenced by the weak performance of Chinese real estate, which caused the Chinese stainless steel demand to slow down.

Currently, the nickel price was hovering at US$20,000/ton class, and most of the market participants choose to watch and see first.
Related News
Read More >>
What Tariffs, Steel Prices Mean for E&S Construction Insurance in California What Tariffs, Steel Prices Mean for E&S Construction Insurance in California
Apr .25.2025
What Tariffs, Steel Prices Mean for E&S Construction Insurance in California
Nickel Price Update: Q1 2025 in Review Nickel Price Update: Q1 2025 in Review
Apr .25.2025
Nickel Price Update: Q1 2025 in Review
Higher steel prices benefiting Region steel mills Higher steel prices benefiting Region steel mills
Apr .25.2025
Higher steel prices benefiting Region steel mills
Vale's net profit drops 17% on lower iron ore prices Vale's net profit drops 17% on lower iron ore prices
Apr .25.2025
Vale's net profit drops 17% on lower iron ore prices