Stainless Espresso: Nickel jumps to over $24,000 at start of trading

20 January 2022 – LME nickel jumps more than 4% to over $24,000 per tonne at the start of trading. SHFE nickel and stainless steel futures have already risen by up to 8% and 6.5% respectively today. Base metals follow. Stronger demand from the automotive sector is pushing European HRC prices higher. US companies need […] Source