Nickel prices hit 2003 levels as China's stainless steel output declines

摘要

Nickel is the worst performingmetal on the London MetalExchange (LME) this year,plunging 42 percent, and is setfor the biggest annual declinesince the global financialcrisis. Nickel prices trading atLME tumbled to the lowestlevel in more than a decadeduring the week, as thestainless-steel output inChina slows amid forecastsfor the weakest economicgrowth in a generation.