Industry News

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

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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.
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