Indonesia Aims to Cap Nickel Prices at $18,000 ...Middle East

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Indonesia Aims to Cap Nickel Prices at $18,000
source : OILPRICE ( Middle East ) () 45
Via Metal Miner Nickel prices inverted to the upside in February, with an 8.71% month-over-month rise. Following a 3.53% increase during the first weeks of March, prices appeared to stagnate after they found at least a short-term peak on March 13. Overall, the Stainless Monthly Metals Index (MMI) remained sideways, with a modest 1.95% rise from February to March. Distributors Note Slight Pick-Up in Q1 The stainless market saw a significant boost in recent weeks, although distributors stopped short of referring to it as a market turnaround. Bullish…

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