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ABC NEWS, page-4

  1. Haplo
    17,021 Posts.
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    12/10/19
    17:02
    Post #: 40852385
    China’s Tsingshan Helped Drive Record Drop in Nickel Inventories

    China’s Tsingshan Holding Group Co. was one of the main forces behind a record drawdown in London Metal Exchange nickel inventories last week, according to people familiar with the matter.

    The company, the world’s biggest stainless steelmaker, bought the nickel to secure supplies ahead of a looming ban on raw nickel ore exports from Indonesia, said the people, who asked not to be identified because the deals are private.
    WSA Price at posting: $3.06 Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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