After spiking above US$20,000 per metric ton (MT) in May 2024, nickel prices have experienced a downward trend, mainly remaining in the US$15,000 to US$16,000 range. Indonesia's elevated production ...

Nickel market activity has been underwhelming for the past couple of years as supply exceeds demand. This trend continued in 2024's final quarter, with Indonesian supply being the primary force ...

Since October 28, nickel prices have shifted from their previous volatile pattern into a unilateral downtrend, successively ...

The London Metals Exchange is the home of nonferrous metals trading. Copper, aluminum, nickel, lead, zinc, and tin trade on the LME. Copper is the leading base metal, and many of the other metals tend ...

SYDNEY, May 15 (Reuters) - London nickel pared losses on Thursday after plunging nearly 10 percent on a blast of momentum-based sales that gouged into a spectacular rally driven by supply concerns.

European bank foresees an oversupply and stalling demand for the nonferrous metal. ING says it sees nickel prices under pressure in part because of a surplus in the global market combined with muted ...

Nickel prices experienced a short-lived rally but later fell due to a bearish outlook and ballooning inventories. The stainless steel market showed mixed signals, with improved demand conditions but ...

We start this week with a look at Nickel 3M Cash (P8Y00), down -7.64%. The French New Caledonia overseas territory is holding about 20-30% of the world's reserves, and recent political turmoil has ...

Stainless steel demand slows during the summer, with no short-term turnaround expected. NAS introduces a new ferrochrome pricing method that is more transparent and beneficial to buyers. The NAS 304 ...

Independent 44-page report recommends upgrade to LME’s monitoring of its “order book quality and depth” and trading patterns. The report from Oliver Wyman calls the March 2022 incident “a short ...

Nickel markets have been underwhelming the past couple of years as an oversupply of the base metal exceeded demand. It was a trend that continued through the last quarter of 2024. Indonesian supply ...