18
Mar
03:46
Macquarie sees nickel struggling to top $20,000/t
Nickel prices could struggle to rise sustainably above $20,000-21,000/tonne over the next five years amid oversupply, Kallanish learns from Macquarie.
The Australian financial services group said in a recent report that nickel prices will be subdued if the supply additions of Indonesian capacity come on stream anywhere near the levels planned.
“Our projections assume significant delays to the timetables mentioned by producers in Indonesia, and there is arg…
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Anonymous
Very good overview of the weekly steel market.
Anonymous