Nickel trading range for the day is 701.4-726.4. Nickel prices gained on expectations that steel makers may be able to pay more for their raw materials. China’s Ministry of Environmental Protection (MEP) last month embarked on its fourth round of environmental inspections across eight provinces and regions. Reflecting concerns about the recent hurricanes, NAHB released a report showing a bigger than expected drop in U.S. homebuilder confidence in the month of September.
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