| ASX-listed nickel miners are soaring on the ASX today, as the commodity price stages a resurgence. Nickel prices had fallen more than 20% to below US$7 a pound, as stockpiles surged 45% to record levels, according to Bloomberg.
Investment bank Goldman Sachs is forecasting that China will cut its nickel pig iron output by around 70,000 tonnes a year, in an attempt to reduce pollution levels prior to the Asia-Pacific Economic Cooperation meeting that begins in Beijing on November 10...............................................Full Article: Source
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