(Bloomberg) -- Nickel surcharges paid by stainless- steel makers and other users of the metal rose to a record because of soaring demand from China and dwindling inventory, said Calyon, the investment-banking unit of Credit Agricole SA.
The average surcharge for Europe, the U.S. and Japan is $1,355 a ton, Calyon's London-based metals analyst Michael Widmer said in a report yesterday.
Read more at Bloomberg Commodities News
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