Indonesia Set To Win Big As European Smelters Shut Down ...Middle East

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Indonesia Set To Win Big As European Smelters Shut Down
source : OILPRICE ( Middle East ) () 19
Via AG Metal Miner Experts anticipate that nickel prices will remain sluggish for the foreseeable future. After the LME’s (London Metal Exchange) nickel squeeze and because of the war in Ukraine, global supply continues to drop. Adding to these problems are expectations that Indonesia’s current nickel surge will further affect nickel price direction. September and October are typically high points for annual nickel purchases, but the metal could face a rocky road going into Q4. Indonesian Production and its Impact on Nickel Prices In…

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