Tag Nickel

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Why the Fed Rate Hike May Not Stop Inflation

Federal Reserve (Fed) Chairman Jerome Powell reiterated the Fed’s position on interest rates in his speech at an IMF-sponsored seminar Thursday (April 21, 2022). The Fed sees inflation running away and wants to use its tools to stop it. “Getting inflation back…

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What Does Russia Export and to Where?

Since the invasion of Ukraine, Russia has come under negative scrutiny. It has come in for harsh criticism from many sides, and even supposed allies do not want to back Russia in the Ukraine war. Several sanctions have now been…

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LME Continues to Trade Metals from Russian Producers

The London Metal Exchange (LME) will continue to trade metals from Russian producers in its system, Reuters reports. This is to prevent the already tight supply market from coming under further pressure, as Russia is a major producer of many…

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Russia Sanctions Push Nickel Price Above $100,000

The nickel price on the London Metal Exchange (LME) reached an all-time high of $101,350 per ton today (March 8), up 110.80%, RT reports. Since the beginning of 2022, nickel prices have increased by 388%. Investors are concerned that nickel…

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Nickel Price Rally Continues

The price of nickel, an essential element in the electronics industry and also in batteries for electric vehicles, continues to rise. Currently, at $25,574 per ton, the price of nickel is the highest it has been in 11 years. Nickel…

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Prices for “Green” Metals Rise Sharply

Metals used for green technologies have been rising sharply again in recent years. Lithium, nickel, tin, silver, copper, cobalt, or manganese are facing an ever-increasing demand. Political decision-makers see the focus for the future all together on the development of…

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Nickel Rises Quietly

Nickel, which has risen over 103% in the last 3 years, continues to rise in 2022. YTD nickel has already risen 10.1% and is currently trading at $23,504.60 per ton compared to a price of just over $11,700 per ton…

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