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While the week was generally strong for most base metals , it was nickel that would come out way, way ahead. As investors began to worry about a supply deficit on the horizon, nickel prices skyrocketed on the London Metal Exchange (LME). After starting the week at US$13,345 per tonne, the...
Nickel wasted no time in Q1 2019, making leaps and bounds out of the gate. Despite the impressive strength it found in the year’s first few months, the base metal would later ease off price-wise on the heels of various factors, including rocky China-US relations. With the second h...