Nickel prices have largely trended down since breaking US$20,000 per metric ton in May 2024. The decline has been attributed to refined nickel oversupply, driven by high output from Indonesia, which ...

Nickel prices rose in February after a drop, leading to a slight pick-up in stainless steel demand. The increase in nickel prices is expected to raise surcharges for stainless steel in April.

Nickel prices fell sharply in July, erasing gains from the previous quarter, while the Stainless Monthly Metals Index (MMI) also declined. Stainless steel service centers and major end-users like ...

Nickel started 2023 high after a rally at the end of 2022, but supply and demand pressures saw the base metal's price decline throughout the year to close nearly 50 percent lower at US$16,375 per ...

Among the major news on Australian stocks, BHP Group Limited (AU:BHP) is halting its Western Australian (WA) nickel operations due to a global oversupply that has caused a slump in nickel prices. The ...

LONDON, Jan 9 (Reuters) - Nickel's turbo-charged rally was snuffed out on Wednesday by a super-sized delivery of the battery metal on the London Metal Exchange (LME). The warranting of 20,760 metric ...