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Home / Metal News / SMM Refined Nickel Social Inventory Remains at a Low Level, with Continuous Inventory Depletion

SMM Refined Nickel Social Inventory Remains at a Low Level, with Continuous Inventory Depletion

iconJan 13, 2025 10:29
Source:SMM
During the week, SMM refined nickel inventory across six major regions totaled 39,855 mt, down 364 mt WoW.

During the week, SMM refined nickel inventory across six major regions totaled 39,855 mt, down 364 mt WoW. Nickel prices rose slightly during the week. As the futures market climbed last week, domestic spot premiums/discounts declined. However, overall market transactions were sluggish, with slight destocking.

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Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.

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