Nickel ore port inventory up 170,000 wmt on the week

SHANGHAI, May 25 (SMM) – Nickel ore inventories across all Chinese ports increased 170,000 wmt from last Friday to 8.12 million wmt as of Friday May 25, SMM data showed.

The increase translated to 67,000 mt in metal content, up 2,000 mt from last week. 

Nickel ore stocks across seven major Chinese ports grew 120,000 wmt from the previous week and registered 5.45 million wmt. 

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