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Nickel prices hit 5-month low on sluggish China consumption

TOKYO -- Global prices for nickel, used in stainless steel and EV batteries, are falling, pulled down by the prolonged real estate slump in major consumer China.

Three-month nickel futures on the London Metal Exchange briefly dropped to $16,435 per tonne on Wednesday, the lowest price since late February.

Read more on asia.nikkei.com