28
Oct
10:03
Philippine nickel supply reduction stimulates market
The closure of the Hinatuan mine by Nickel Asia, the largest nickel miner in the Philippines, has triggered market concerns about supply. On Wednesday, nickel prices soared to their highest level in nearly a year, Kallanish notes.
Nickel Asia Corp said that after 19 employees tested positive for Covid-19, the company suspended operations at Hinatuan. The mine contributed 11% of the company's ore sales last year. This has exacerbated the shortage of nickel supp…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous