26
Jul
13:34
Border control, capsized ship reduce ferronickel supply
Indonesia’s restrictions on the entry of foreign workers have hindered progress in commissioning new ferronickel plants, and the capsizing of a ship carrying nickel ore to China has also caused a slowdown in production in China.
These factors have supported market sentiment and pushed up nickel prices, and even stainless steel prices in China. Kallanish notes that the most traded contract for nickel futures on the Shanghai Futures Exchange reached CNY …
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Anonymous
Very good overview of the weekly steel market.
Anonymous