Nickel Steadies After Surge as Indonesia Flags Lower Ore Supply

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Why This Matters

Nickel prices have steadied near their highest level since mid-2024, following Indonesia's indication of a potential decrease in nickel ore supply.

Market Impact

Market impact analysis based on bullish sentiment with 80% confidence.

Sentiment
Bullish
AI Confidence
80%
Time Horizon
Short Term

Article Context

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Nickel steadied near the highest level since mid-2024 after top producer Indonesia signaled a potential drop in output.

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Original article published by Bloomberg on January 15, 2026.
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