The United States nickel briquette premium hit a fresh multi-month low in the week to Tuesday December 17, with aggressively low offers driving deals lower amid seasonal destocking, while premiums elsewhere were stable.
China full-plate premiums stable; potential arbitrage loss dampening spot consumption and capping local premiumsEuropean premiums flat; fresh inflows of material into LME system failed to exert further downward pressure on already-low ratesUS briquette 'fire sale'"I have not seen US briquette premiums at 18-20 cents per lb for...