Nickel prices rallied well ahead of the fundamentals in November when the market got carried away by the prospects for demand from EVs
Having set a high of $13,030/tonne, prices corrected to $10,740/tonne in December. They have since rebounded back above to $13,000/tonne to fresh highs, but this move is difficult to justify other than it has happened in line with a general rebound across the base metals and a...