LME Nickel Rises 2.7% to Top $16,000 a Tonne

Nickel's bounce off a nine-month low is notable less for the size of the move than for the speed of the reversal, suggesting the recent slide had run into short-term resistance rather than reflecting a durable shift in sentiment. The metal sits at the center of both battery supply chains and stainless steel demand, so a break back above $16,000 matters for producers weighing output cuts and for industrial buyers managing input costs. Whether this rebound holds or proves a brief technical correction after last Thursday's low is the open question worth tracking.