Nickel Watch Autumn 2024: Fair Value Estimated at $12,000–13,000
09/30/2024 17:01
Since September 12, the LME nickel price has been on an upward trend, appearing to aim once again for the $17,000 mark. This movement was fueled by market optimism over the “large-scale economic measures” announced by China after September 24. LME copper, for instance, surpassed $10,000 again, causing a stir in the market. However, it is widely understood that these measures are merely a “blank shot,” with no real expectation of substantial improvement in the Chinese economy.
This article is for members only. You can read the rest after application confirmation.
Register now Login
Register now Login
Related articles
- 06/11/2025 One Thousand and One Nights of Rare Metals – Episode 44: The Japanese Tendency to Forget Resource Crises Once They Pass
- 06/11/2025 USA Recyclers File #3: GLOBAL REFINING GROUP WEST, ELG, TRIPLE M METAL, ACEROS AZA S.A.
- 06/10/2025 USA Recyclers File #2: SPECTRUM ALLOYS, MONICO ALLOYS, OmniSource, LLC
- 06/10/2025 USA Recyclers File Vol.1 – YE CHIU (Metalico), CRONIMET, and 74 Alloys (Tungco)
- 06/04/2025 Vanadium Sees Recovery Driven by VFBs, Niobium Market Stable Amid Growing EV Demand
- 06/04/2025 Project Blue Forum: Geopolitical Forces Disrupt Critical Materials Supply Chains
- 05/26/2025 Winds from San Diego: Stable Stainless Demand in the U.S., but Uncertain Outlook for the Global Market
- 05/26/2025 Winds from San Diego: India as the Future Core of the Global Circular Economy
- 05/08/2025 2024 Tantalum Refining Demand Overview: Recovery in Tantalum Powder, Ingots, and Compounds in the Second Half
- 04/23/2025 Japan and the DR Congo Take a Step Forward in Economic Cooperation — Business Forum Held in Tokyo
