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Reuters reported U.S. nickel premiums moved lower last week on an oversupply and competitive sales.
Reuters reported U.S. nickel premiums moved lower last week on an oversupply and competitive sales.
As quoted in the market news:
The Rio de Janeiro-based miner’s sales have been a dominant feature of the spot market since the company’s key Canadian nickel facilities returned to full capacity last year, with its aggressive sales below the trade and helping premiums re-adjust to historic levels, market participants said.