Nickel prices soar on Russia tension, tight supply

The original article can be found here.

Article highlights:

  • Nickel surged on Monday to the highest price in more than 10 years, driven by simmering Ukraine-Russia tensions and tight supplies.
  • The industrial metal forged $24,610 per tonne.
  • The price of the industrial metal, a key raw material in the manufacturing of stainless steel, has soared by nearly 20% since the start of the year.