SHFE approves Norilsk metal for delivery against futures contracts [UPDATE]

The Shanghai Futures Exchange has approved metal produced by Norilsk Nickel for delivery against its futures contracts, the exchange said.

The Norilsk Combine H-1 cathode, the Severonickel Combine H-1 cathode and the Severonickel Combine H-1Y nickel can be used in performance of delivery against nickel futures contracts from the date of June 29, the exchange said, according to a notice translated from Chinese.

The long-anticipated move came as LME three-month nickel...

Published

Linda Lin

June 29, 2015

16:55 GMT

London