Nickel trading range for the day is 670.7-701.3.Nickel recovered on short covering after prices remained under pressure as investors remained cautious on the outlook for the economy in China.INSG estimates that the global nickel market was in a deficit of 4,700 tonnes in July, bringing the January-July 2017 balance to a deficit of 39,700 tonnes.Sherritt International Corp’s Moa mine in Cuba has resumed normal operations and production activities following a restart in the aftermath of Hurricane Irma.
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