Metal Bulletin’s weekly price assessment for inter-merchant 18/8 scrap solids in the UK was £950-980 ($1,349-1,392) per tonne delivered on Thursday, compared with £940-980 per tonne on April 6.
The London Metal Exchange three-month official nickel bid/offer spread was $14,025/14,050 per tonne on April 13. This was up sharply from $12,900/12,920 per tonne on April 6.
“Now that the LME nickel price is more than $14,000 per tonne, we may have to raise our...
