IN DEPTH: Scrap tightness, LME inventory falls bring hope to nickel bulls

A tightening in stainless scrap availability, combined with recent dips in nickel inventories on the London Metal Exchange, has brought a rare glimmer of hope to Europe’s deflated nickel bulls.

LME nickel stocks have been falling since June 4, as material is shifted out of the exchange’s sheds, either to be consumed, shipped to China (potentially to one day be...

Published

Fleur Ritzema

June 24, 2015

01:05 GMT

London