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