Since last April, more than 60% of the metal held in the warehouses of the London Stock Exchange has been withdrawn. Demand is also strong in the steel industry, but now the boom in the electric car has been added
by Sissi Bellomo
(AFP)
Yet another record for nickel, which at the London Metal Exchange (Lme) went up to $ 24,435 per ton, a record since August 2011, before settling at $ 23,795. Price at an all-time record in Shanghai.
The London Metal Exchange is monitoring the situation and is ready to intervene to ease tensions, as it did last autumn on the copper market.
On Thursday 20, for the first time in 56 days, the bleeding of stocks from the warehouses stopped …
