Standard Bank says "it is hard to make a case for the nickel price to move well above the marginal cost producer, which we put currently around $17,000mt."
FT's John Gapper writes: "This abrupt integration of metals trading and storage echoes how banks piled into subprime mortgages before the 2008 crisis."
The adventures of the red-hot nickel ball continue: This time Youtube video-maker and nickel-aficionado carsandwater has filmed what happens when a sphere of […]
