Nickel prices expected to move firmly
Views : 97
Update time : 2020-11-04 18:52:06
The current monthly average LME nickel price is higher than that in the previous month. The future nickel price was still constrained by the COVID-19 epidemic and fewer transaction volumes of stainless steel in China.
However, the tighter supply of Indonesian ferronickel and higher costs of nickel ore was expected to a backup for nickel prices.
According to the current market condition, the short-term nickel price will be weaker due to macro factors, while it was expected to move firmly due to uncertain supply.
Top 5 downstream aluminium projects of 2024 to redefine the value-added product industry
Ricoh's latest development set to cut costs & improve accuracy in aluminium binder jetting method
