Nickel retreats from 2-1/2 year high, supply woes underpin

12.01.2018

Nickel fell on Thursday as traders took profits after pushing the metal to its highest level in 2-1/2 years in the previous session, but falls were limited by concerns about dwindling stocks and production outages.

Four nickel mines in the Philippines, a key nickel exporter, remain shut on environmental grounds, an...