Nickel continued its march higher on Thursday, hitting a one-year high above $1,500 a tonne.
The metal, which is used to make stainless steel, has been on a tear since the start of the month, rising by more than a fifth and outpacing other industrial metals, which are still weighed down by trade war fears.
Nickel for delivery in three months on the London Metal Exchange rose as much as 5 per cent, to $15,115 before falling bac to $14,895.
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