US Nickel Market Remains Flat Due to High Inventories, Despite Potential Supply Cuts

Post Views: 306 Nickel The US nickel market is experiencing a period of stagnation, with spot premiums for refined nickel remaining flat this week. This is primarily attributed to sluggish demand and abundant consumer inventories, leading buyers to adopt a cautious approach. SuperMetalPrice analysts observe that many consumers are well-stocked for the near future, limiting their need for additional nickel purchases. Premium Assessments and Market Outlook Nickel premiums for full truckload melting grade, 4×4-inch cathodes, are currently assessed at 60-65¢/lb. Meanwhile, briquettes are at 3...