Supply shuts needed for nickel recovery

FURTHER production cutbacks are required before there will be any recovery in the nickel price, according to UBS.

Supply shuts needed for nickel recovery Supply shuts needed for nickel recovery Supply shuts needed for nickel recovery Supply shuts needed for nickel recovery Supply shuts needed for nickel recovery

UBS says despite around half the world’s nickel producers being underwater at current prices, only around 3% of capacity has shut down.

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