During the week, SMM refined nickel inventory in six major regions totaled 37,210 mt, down 213 mt WoW. The fluctuating downward nickel prices during the week prompted a slight recovery in downstream purchase willingness. However, the overall destocking was limited, and the inventory buildup trend continued.
Refined Nickel Social Inventory Slightly Dropped Last Week
- Nov 18, 2024, at 6:00 pm
- SMM
During the week, SMM refined nickel inventory in six major regions totaled 37,210 mt, down 213 mt WoW.