Nickel price will fall soonThe pandemic caused a collapse of spending on services of all types .. air travel, cruises, dining out etc. People in developed countries had nowhere to spend thier discressionary income. So the money they normally spent on services they used to buy durable goods...new home appliances, cars, and all sorts of things. Purchases of durable goods by consumers rose 43% in the past year. So much "stuff" was purchased that there are dozens of container ships anchored off the port at Los Angeles because the port is overloaded and cant receive them. This is why the price of nickel went up. Now as the pandemic fades people will rush back to service type spending and there will be a huge drop in durable goods purchases...how many times can you buy a new stainless steel fridge. Nickel will be in the $4 to $5 range next year