LME extends nickel market freeze to sort out huge trading loss

Mar. 10, 2022 6:23 PM ETNickel Futures (LN1:COM), NILSYBy: Carl Surran, SA News Editor14 Comments

Nickel is a chemical element, pure industrial use or in metal alloys, corrosion resistant, stainless steel

RHJ/iStock via Getty Images

The London Metal Exchange will keep its nickel market (LN1:COM) closed at least until next week, allowing it more time to resolve a crisis caused by the ~$8B loss-making trade by China's Tsingshan Holding, the

Recommended For You

Comments (14)

To ensure this doesn’t happen in the future, please enable Javascript and cookies in your browser.
Is this happening to you frequently? Please report it on our feedback forum.
If you have an ad-blocker enabled you may be blocked from proceeding. Please disable your ad-blocker and refresh.