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Reuters reported on base metals trading on Wednesday as nickel reached near two and a half year lows.
Reuters reported on base metals trading on Wednesday as nickel reached near two and a half year lows.
As quoted in the market news:
Prices of LME nickel have fallen toward 2-1/2 year lows due to weakness in the stainless steel sector, for which nickel is a key material, and smooth exports of ore from Indonesia, which has been subject to a change in export regulations, BNP Paribas’s Briggs added.