Non-ferrous base metals ride high on tight supplies

24.01.2022

Nickel prices rose on Wednesday and hovered around 11-year highs as a supply shortage forced traders to pay huge premiums to get their hands on metal.

Benchmark nickel on the London Metal Exchange (LME) was up 1% at $22,290 a tonne at 1158 GMT after reaching $22,935 on Jan 14.

Used in stainless...