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EUROPEAN MIDDAY BRIEFING - Stocks Tumble, Led by -2-

EUROPEAN MIDDAY BRIEFING - Stocks Tumble, Led by -2-
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North American Morning Briefing: Dow Wobbles, Nasdaq Heads Further Into Correction Territory with Bond Yields Down

North American Morning Briefing: Dow Wobbles, Nasdaq Heads Further Into Correction Territory with Bond Yields Down
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A year of walking on the wild side for industrial metals: Andy Home | Hellenic Shipping News Worldwide

Tin was the first to turn wild. The London Metal Exchange’s (LME) tin contract rarely makes the headlines but in February it went into spectacular melt-up. Time-spreads flexed out to surreal levels as exchange inventory fell to historical lows. The premium for cash over three-month metal touched $6,500 per tonne at one stage, eclipsing anything ...

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Nickel slumps as electric dreams are disrupted

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Nickel slumps as electric dreams are disrupted Back to video
Nickel endured its worst week in almost 10 years last week, with the London Metal Exchange price collapsing by 16 per cent in the space of two days to a three-month low of $15,830 per tonne.
The trigger for the ferocious sell-off was an announcement by China’s Tsingshan Holding Group that it had signed deals to deliver nickel matte to two Chinese battery materials suppliers.
Tsingshan has rapidly emerged as one of the world’s largest nickel producers, its Indonesian mines pumping nickel pig iron (NPI) into a local stainless steel plant the company brought online in 2017.

China , Shanghai , Sudbury , Ontario , Canada , Indonesia , London , City-of , United-kingdom , Indonesian , Chinese , Elon-musk

Nickel slumps as electric dreams are disrupted

Nickel slumps as electric dreams are disrupted
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China , Shanghai , Sudbury , Ontario , Canada , Indonesia , London , City-of , United-kingdom , Indonesian , Chinese , Elon-musk

Nickel slumps as electric dreams are disrupted

Try refreshing your browser.
Nickel slumps as electric dreams are disrupted Back to video
Nickel endured its worst week in almost 10 years last week, with the London Metal Exchange price collapsing by 16 per cent in the space of two days to a three-month low of $15,830 per tonne.
The trigger for the ferocious sell-off was an announcement by China’s Tsingshan Holding Group that it had signed deals to deliver nickel matte to two Chinese battery materials suppliers.
Tsingshan has rapidly emerged as one of the world’s largest nickel producers, its Indonesian mines pumping nickel pig iron (NPI) into a local stainless steel plant the company brought online in 2017.

China , Shanghai , Sudbury , Ontario , Canada , Indonesia , London , City-of , United-kingdom , Indonesian , Chinese , Elon-musk

Nickel slumps as electric dreams are disrupted

Nickel slumps as electric dreams are disrupted
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Nickel slumps as electric dreams are disrupted

Nickel slumps as electric dreams are disrupted
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Nickel price slumps as electric dreams are rudely disturbed

The metal has endured its worst week in almost ten years, with the London Metal Exchange (LME) price collapsing by 16% in the space of two days.

China , Shanghai , Indonesia , London , City-of , United-kingdom , Indonesian , Chinese , Elon-musk , Goldman-sachs , China-tsingshan-holding-group , International-nickel-study-group

Nickel slumps as electric dreams are rudely disturbed

The Globe and Mail
Andy Home
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Nickel has endured its worst week in almost ten years, with the London Metal Exchange (LME) price collapsing by 16% in the space of two days to a three-month low of $15,830 per ton.
The trigger for the ferocious sell-off was an announcement by China’s Tsingshan Holding Group that it had signed deals to deliver nickel matte to two Chinese battery materials suppliers.

China , Shanghai , Indonesia , London , City-of , United-kingdom , Indonesian , Chinese , Elon-musk , London-metal-exchange , Goldman-sachs , China-tsingshan-holding-group