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.
Dutch bank’s commodities analyst Ewa Manthey sees LME nickel pricing in 2024 rarely reaching $17,000 per metric ton. While producers and recyclers of stainless steel may prefer to see higher prices in ...