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21/11/19
16:10
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Originally posted by AlexanderJ:
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It may be lower demand due in part to some steel mills in China being forced to close during winter to reduce pollution. With those mills coming back into production in Q1 2020 and the Indonesian export ban effective Jan 1, 2020, things could get interesting in 2020. The existing customers and the new prospective customers for WSA product would know this so WSA management should be in a strong negotiating position when they re-negotiate existing contracts due to expire in January... in my opinion.
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indeed I imagine that Ni may need to test the $6 lb mark which would keep the uptrend intact That is Ni.. must expect considerable volatility ! GLTAH