I've been looking at the prices of metals recently and noticed that nickel seems to be particularly expensive. I'm wondering what factors contribute to the high cost of nickel.
6 answers
Stefano
Wed Nov 27 2024
Nickel prices have seen a significant surge due to the shortage of ore supplies from Indonesia.
Valeria
Wed Nov 27 2024
Since the end of 2023, nickel prices have risen by more than 45%, marking a steep increase in the commodity's value.
CharmedWhisper
Wed Nov 27 2024
Meanwhile, ore prices from the Philippines have also experienced a notable jump during the same period.
Martina
Tue Nov 26 2024
Specifically, Philippine ore prices have soared by nearly 30%, highlighting the overall upward trend in nickel pricing.
HallyuHero
Tue Nov 26 2024
Furthermore, Indonesian nickel pig iron with a nickel content ranging from 10-16% has seen an increase in price.