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Nickel: Vale expects Russia-Ukraine conflict to affect price
Executives at miner Vale reported Friday that the Russian invasion of Ukraine has led to speculation on the price of nickel, and they expect the conflict to affect the price of iron ore pellets as well. Shares of the mining company fell 1.5% after the company released...
Aluminum: price rises to a new record as Russian attack increases supply risks
Aluminum hit a record high in London and nickel rose to its highest level in more than a decade, driving gains in industrial metals markets, while the deepening Ukrainian crisis added supply risks in an industry already facing critical shortages. U.S. President Joe...
Nickel – Aluminum – Copper: Russian invasion of Ukraine will impact supply
Russia's invasion of Ukraine is expected to have a significant impact on global aluminum supply and prices, while the news sent nickel prices on the Shanghai Futures Exchange to an all-time high on February 24. The most actively traded nickel contract on the Shanghai...
Nickel: price hits decade highs as tensions in Ukraine fuel concerns
Nickel rose to $25,130 a tonne for the first time since 2011, extending a rally driven by falling global inventories and concerns that tensions in Ukraine could disrupt supplies from key producer Russia. The metal, used in stainless steel and rechargeable batteries,...