(Reuters) - Nickel fell two percent on Thursday after the London Metal Exchange changed lending rules to free up more metal, and copper was steady, analysts said.
The nickel market, with prices hitting $51,800 a tonne in May and rising some 40 percent this year, has been characterised by extreme tightness with low stocks in LME warehouses and strong stainless steel production in China.
Read more at Reuters Africa
The nickel market, with prices hitting $51,800 a tonne in May and rising some 40 percent this year, has been characterised by extreme tightness with low stocks in LME warehouses and strong stainless steel production in China.
Read more at Reuters Africa
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