Norilsk Sees Nickel Stockpiles Up

Reuters reported global nickel stockpiles are now rising slightly, putting pressure on prices, according to Norilsk Nickel (MCX:GMKN).

The market news is quoted as saying,

The metal, a key component of stainless steel, closed at$21,575 per tonne on the London Metal Exchange, off 12.8 percent since the start of the year.

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