
Nickel leads base metals rally as Russia supply woes ...
Mar 03, 2022 · Russia produces about 6% of the world's aluminum, 7% of global nickel and accounts for about % of copper supplies. Tightness in the LME market can be seen in the spreads, which show premiums for metal for nearby delivery compared to the threemonth contracts. LME cash nickel commands a 610 tonne premium, close to a record 645 touched ...