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11 Mar
12:46

Eurofer demands nickel fluctuation resolution, LME eyes measures

European steelmakers’ association Eurofer called on the London Metal Exchange (LME) and the Financial Conduct Authority (FCA) on Wednesday to resolve artificial fluctuations in nickel prices and ensure they do not reoccur. “In the last days, and since markets opened on 7 March in particular, we have seen an unprecedented surge in nickel prices that cannot be explained by supply and demand, nor by the sanctions recently imposed on Russia,” sa…
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