Stainless Espresso: Nickel manipulation and rising stainless steel prices18 March 2022 – There are increasing voices that the owners of the London Metal Exchange have only intervened in nickel trading to save themselves and certain parts of their cronies. Real trading does not seem to be taking place on the LME with regard to nickel. SHFE currently shows a more “real” price. And all over the world, steel and stainless steel prices continue to rise. Peak season is coming. Source