Author: Paul Ploumis20 Nov 2014 Last updated at 07:21:17 GMT
BEIJING (Scrap Monster): The Senior Advisor of the Ministry of Economic Affairs of Indonesia, the largest nickel producing country in the world, Bambang Adi Winarso, confirmed that the ban will continue to remain if the nickel metal has been considerably hiked after the ban. The Chief Market Strategist of Long Leaf Trading Group, which is located in Chicago, Tim Evans, stated that, the strength of US data, as well as the ban on nickel export by the Indonesian government will hike the price of nickel further, demand for the metal is also noted to be rising.
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