Nickel prices surge by 10% in a week, outpacing other metals
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Update time : 2025-04-17 20:47:32
Following US President Donald Trump's announcement of reciprocal tariffs on April 2, most international base metals experienced significant declines. However, nickel prices have rebounded strongly, rising by nearly 10% within a week, the most robust among all base metals.
As of 2:00 AM Taipei time on April 17, the London Metal Exchange (LME) nickel futures were quoted at US$15,605/ton, which have risen by six trading days in a row. This upward trend was expected to positively influence the stainless steel market's future outlook.
