Russian nickel sanctions to affect nickel price

  • Tuesday, August 5, 2014
  • Source:ferro-alloys.com

  • Keywords:Ni,nickel,price,Russia
[Fellow]According to the head of French mining group Eramet, the supplies of the nickel will be disrupted by sanctions and will affect Europe and the US.

[Ferro-Alloys.com] According to the head of French mining group Eramet, the supplies of the nickel will be disrupted by sanctions and will affect Europe and the US. 

However, nobody expects sanctions against Russia and Norilsk would affect Norilsk’s production, according to the company. If it happened, Norilsk could only export to Asian countries including China and it could cause shortages in European markets as well. 

However, the sanction on Norilsk is likely only to the US and it would push up nickel premiums.

  • [Editor:Yueleilei]

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