During the week, SMM refined nickel inventory in six major regions totaled 37,261 mt, down 168 mt WoW. Warehouse warrants continued to increase during the week, but social inventory dropped. Nickel prices remained low, transactions were relatively active, but the inventory buildup trend did not change.
Refined Nickel Social Inventory Slightly Dropped Last Week
- Nov 05, 2024, at 9:24 am
- SMM
During the week, SMM refined nickel inventory in six major regions totaled 37,261 mt, down 168 mt WoW.