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SHANGHAI, Jul. 26 (SMM) – SHFE released draft on the launch of stainless steel futures. After the launch of SHFE stainless steel, SHFE nickel will receive more inflows of cash. LME nickel extended gains overnight. US Senate began to revise health care bill. LME nickel will test support from USD 10,000/mt today, and SHFE 1709 nickel should hover between RMB 80,800-82,500/mt, with spot prices between RMB 80,800-83,600/mt.
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