It's been three weeks since nickel was suspended on the London Metal Exchange after a 250% price spike, and while trading has resumed, the market remains all but paralyzed, reported Bloomberg.
Accusations have started to make rounds as the crisis worn-out. Investors are preparing lawsuits; the LME and its regulator, the Financial Conduct Authority, are likely to run investigations.
Related: New Week New Limit Down On LME, Benchmark Nickel Price Down 15%: CNBC
When nickel rose rapidly after Russia invaded Ukraine, Tsingshan, the world's biggest nickel and stainless steel company, had built a giant short position in LME nickel...
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