HONG KONG, May 16 (Reuters) - China's producers of nickel-pig-iron are racing to upgrade their facilities as reduced demand from stainless steel mills and weaker nickel prices drive them to cut costs.
Nickel started 2023 high after a rally at the end of 2022, but supply and demand pressures saw the base metal's price decline throughout the year to close nearly 50 percent lower at US$16,375 per ...
NOUMEA, New Caledonia, Nov 17 (Reuters) - Growth in nickel pig iron output, which can be cheaper to produce than traditional nickel metal, is undermining primary nickel prices and threatens to tip the ...
LONDON, July 4 (Reuters) - A surplus of high quality nickel due to new sources of supply means prices of the stainless steel ingredient will come under pressure over coming years, narrowing the price ...