Historic nickel rally shuts down LME and places Tsingshan in the spotlight
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A record-breaking rally in nickel prices that led the London Metal Exchange to halt trading on Tuesday is putting increased pressure on the Chinese stainless steel producer Tsingshan and its billionaire co-founder. Tsingshan, the world’s largest stainless steel producer, is rumoured to have built a big short position in nickel before a 250% rally in […]