05
Mar
19:02
Nickel price premium may fade on matte supply
The premium on nickel contracts traded at LME and ShFE should largely disappear in the short-term thanks to Tsingshan’s technology promise to mass produce nickel matte, says ING Economics.
Last week’s announcement that Tsingshan found a way to make nickel sulphate by converting nickel laterite ores to nickel pig iron (NPI) and then further to nickel matte could be a “game-changer,” says Wenyu Yao, senior commodities strategist at ING.
Th…
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Anonymous
Very good overview of the weekly steel market.
Anonymous