Cut Cathode News Today

GLOBAL NICKEL WRAP: Chinese premiums rise 9.5% in bullish return from holidays Chinese nickel premiums widened upward in the week to Tuesday March 2, with a favorable import arbitrage and increased spot liquidity providing support, while terms in Europe and the United States were broadly flat. Nickel premiums rise in China, ore prices set another record high European cut cathode premium rises 5%, others flat US premiums unchanged as participants remain watchful China’s refined...

Nickel premiums in the US and Europe were steady in the week to Tuesday February 17, with both markets broadly stagnant against a well-supported LME three-month nickel price, while Asia’s absence from the market saw minimal spot activity.