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Global nickel prices have probably hit a floor, says Macquarie

Global nickel prices may have hit a floor, according to a Macquarie analyst who sees a market recovery driven by strong demand from the steel sector and as a surplus of ore supplies shrinks after.

London Metals Exchange failure on nickel due to its own self-interests: Kevin Rudd says prices kept artificially low by China risk a 20 per cent slump in global supply of the commodity.

The Australian ambassador says prices kept artificially low by China was risking a 20 per cent slump in global supply of the commodity.

Copper drops on dollar and inventories; nickel hits two-month low | Hellenic Shipping News Worldwide

Chinese Trader's $20 Million Pile of Russian Copper Goes Missing

Chinese Trader's $20 Million Pile of Russian Copper Goes Missing

(Bloomberg) A giant state-owned Chinese commodities trader is nursing losses after a shipment of copper from Russia worth nearly $20 million went missing, reigniting fears over fraud in the often secretive market for buying and selling raw materials.Most Read from BloombergHunter Biden Was Convicted. His Dad’s Reaction Was Remarkable.Apple to ‘Pay’ OpenAI for ChatGPT Through Distribution, Not CashUS Inflation Broadly Cools in Encouraging Sign for Fed OfficialsFed Officials Dial Back Rate Fore