LME nickel inventories at ‘turning point’: Norilsk Nickel

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LME nickel inventories at ‘turning point’: Norilsk Nickel – Metals | Platts News Article & Story// http://tpc.googlesyndication.com/safeframe/1-0-2/html/container.html

Russian metal producer Norilsk Nickel said Monday it expects high LME nickel inventories to be at a ‘turning point’ with a likely decrease in the near term.

“We believe the stocks are going to come down and that this is going to drive the prices,” Norilsk Nickel First Deputy CEO Sergey Dyachenko said in an interview with Platts Monday.

Read more at: http://www.platts.com/latest-news/metals/london/lme-nickel-inventories-at-turning-point-norilsk-26094629

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