Nornickel’s nickel impasse could be contract gamechanger – Hotter on metals

Chinese nickel buyers are doubling down on their attempts to secure contracts with key supplier Nornickel based on Shanghai Futures Exchange (SHFE) settlement prices instead of those on the London Metal Exchange.

Although Nornickel appears to have held firm to date - rejecting the request in October and making a premium offer of $300 per tonne over the LME last month -...


Andrea Hotter

December 15, 2022

15:23 GMT

New York