Inside Nickel's Short Squeeze: How Price Surges Halted LME Trading - Bloomberg

3/14/2022 12:00:00 AM3 years 1 month ago
by Jack Farchy, Alfred Cang, Mark Burton
by Jack Farchy, Alfred Cang, Mark Burton
When the commodity’s price went vertical last week, the metals industry plunged into turmoil not seen since the Tin Crisis of 1985.
It was 5:42 a.m. on March 8 in London when the nickel market broke. At that time of day, bleary-eyed traders are typically just glancing at prices as they swig coffee on their way to the office. On … [+315 chars]
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