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Nickel slumps amid more pain for all base metals

Under pressure from strong US dollar and weak China outlook

Michael Quinn
The rise of Indonesia's nickel production has curtailed the Australian sector

The rise of Indonesia's nickel production has curtailed the Australian sector | Credits: Shirinkin Yevgeny via Shutterstock.

Base metal prices have continued to slide in the face of a strong US dollar and an uninspiring China economic outlook. Nickel in particular is in a world of pain, with the cash price falling below US$15,000/t....

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