23
Feb
12:30
NICKEL: Rising nickel prices threaten EV producer margins
Nickel prices look poised to hit an at least five-year high, according to data from the London Metal Exchange.
As of 22 February, cash nickel was selling for $19,689/tonne - well above the previous high reached in December of about $18,175/t.
A squeeze in nickel could put pressure on electric vehicle producers desperate to get their average battery costs down, Kallanish understands. With human rights concerns circling cobalt, EV producers - notably Te…
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Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous