Social Inventory Increased Last Week

Published: Dec 2, 2024 17:47

Source: SMM

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During the week, SMM refined nickel inventory in six major regions totaled 37,850 mt, up 1,183 mt WoW.

During the week, SMM refined nickel inventory in six major regions totaled 37,850 mt, up 1,183 mt WoW. Nickel prices remained stable during the week, with little change in downstream procurement. Domestic electrodeposited nickel production continued to rise, and inventory buildup persisted both domestically and internationally.

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