Nickel price is soaring

MINEX Forum | June 4, 2018
img0 The nickel price is on a tear supported by environmental production cuts across top producer China, plunging inventories and strong steel prices. Nickel stocks in ShFE warehouses have dropped 39% over the past four months while inventories controlled by the LME have declined for 18 consecutive days. Total exchange stocks have dropped to below 300,000 tonnes, ...