Industry News

LME’s nickel price touches $16,000/ton on Nov 16

Views : 201
Update time : 2020-11-17 16:38:21

According to the market price in the London Metal Exchange (LME), the nickel closing price showed a decrease on November 16th, came to US$15,890/ton.

Although the market price showed a decline at the end of November 16th, the highest point did touch US$16,150/ton, which was a very high position.

By some of the views from the market participants, the stainless steel demand would further influence the price trend of nickel.

Related News
Read More >>
South Africa imposes safeguard measures on flat hot-rolled steel products South Africa imposes safeguard measures on flat hot-rolled steel products
May .21.2025
South Africa imposes safeguard measures on flat hot-rolled steel products
China's alumina exports double in Apr China's alumina exports double in Apr
May .21.2025
China's alumina exports double in Apr
Global primary aluminum production rises in Apr Global primary aluminum production rises in Apr
May .21.2025
Global primary aluminum production rises in Apr
US faces tight stainless steel CRC supply amid global stability US faces tight stainless steel CRC supply amid global stability
May .21.2025
US faces tight stainless steel CRC supply amid global stability