LME partner Metalshub plans for ‘green’ nickel price

  • Friday, March 8, 2024
  • Source:ferro-alloys.com

  • Keywords:nickel, ore, steel, ferronickel, electrolytic nickel
[Fellow]The London Metal Exchange (LME) does not plan to launch a separate “green” nickel contract because the market is not large enough, but said its partner was developing an index price that will reflect demand for low carbon nickel.
[Ferro-Alloys.com] 
 
LME partner Metalshub plans for ‘green’ nickel price
 
The London Metal Exchange (LME) does not plan to launch a separate “green” nickel contract because the market is not large enough, but said its partner was developing an index price that will reflect demand for low carbon nickel.
 
Calls for a nickel price that reflects strong environmental and governance standards have grown from high-cost producers such as Australia, where low prices have forced miners to shutter operations due to a flood of Indonesian supply, most of which is produced using coal.
Copyright © 2013 Ferro-Alloys.Com. All Rights Reserved. Without permission, any unit and individual shall not copy or reprint!
  • [Editor:邢亚敏]

Related News

·TCUD: Turkey becomes Europe's largest steel producer in January03-01
·Indonesia says its nickel supply will keep global prices low03-01
·Zaporizhzhia Ferroalloy Plant plans to continue idling in March02-29
·Three pathways to green steel in Asia02-29
·Tata Steel headed towards 'major industrial dispute'02-29

Tell Us What You Think

please login!   login   register
Please be logged in to comment!