Key Russian aluminum supplier may not face sanctions: sources Nickel prices on SHFE hit all-time high Major trader holding Russian copper sells off on sanction fears Russia’s invasion of Ukraine is expected to have a significant impact on global aluminum supply and prices, while the news sent nickel prices on the Shanghai Futures Exchange to a historic high Feb. 24. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now The most-active nickel contract traded on the Shanghai Futures Exchange hit a historic high Feb. 24 as markets remain concerned about available inventories and export flow into China. The nickel contract for April delivery closed at an all-time high of Yuan 179,540/mt ($28,396.8/mt) Feb. 24, up 2.46% from the previous close and 26.1% higher from a year earlier, SHFE data showed. Meanwhile, the most-active aluminum contract for April delivery on the SHFE extended its […]