North American Spot Market for Refined Nickel Units Still Tight

Base Metals Investing

AMM reported yesterday that the North American spot market for refined nickel units is still tight because a “lack of available flowable material and long-term supply concerns” are pushing premiums up.

AMM reported yesterday that the North American spot market for refined nickel units is still tight because a “lack of available flowable material and long-term supply concerns” are pushing premiums up.

As quoted in the market news:

AMM’s melting-grade premiums held steady at 28 to 35 cents per pound this week while the premiums for plating-grade material also were flat at 60 to 70 cents per pound, with most recorded business within those ranges.

Click here to read the full AMM report.

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