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In the News - Metals - Printable Version

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In the News - Metals - Scooterd - 03-16-2022

LONDON, March 16 (Reuters)

The London Metal Exchange (LME) halted nickel trading on its electronic system almost immediately on Wednesday in a chaotic resumption of business for a market that has been in limbo for over a week.

The LME nickel market was suspended on March 8 after China's Tsingshan Holding Group bought large amounts of nickel, propelling the metal up more than 50% in a matter of hours.


RE: In the News - Metals - EricL - 03-16-2022

Another excellent article from Doomberg.

Nickel In Front Of A Steamroller


RE: In the News - Metals - fenders53 - 03-25-2022

It's one of the crazier trades you will ever see.  I knew it was necessary for batteries but I never really considered nickel a precious metal until lately.  It's just about in that league.