Doubts cast on plans for deluge of new nickel supply
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LONDON (Reuters) - Expectations of a supply avalanche hitting the nickel market next year due to new capacity in Indonesia have sent prices to seven-month lows, but analysts doubt the plans spearheaded by Chinese firms can be carried out so quickly.Benchmark nickel on the London Metal Exchange nearing $11,000 a tonne is down more than 15 percent since late September, partly due to the U.S.-China trade dispute undermining demand for the metal used in stainless steel. For a graphic on Nickel..