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28 Jan
14:48

Nickel price recovery might indicate upswing: Mauss

Since the beginning of the year, the LME-listed nickel price has gone up by more than $1,000/tonne, from the 1.5-year low of $10,630/t at year-end, Kallanish learns. Should this trend continue, sentiment, “…which tended on the downside in the second half of 2018, could actually turn around and move up again,” says Roland Mauss of scrap merchant Oryx Stainless. This would then be coupled with self-energising effects, such as more investments le…
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