How the Global Nickel Market Changed in 18 Minutes

The video discusses the dramatic events in the nickel market, where prices surged by 250% in 24 hours, causing significant financial strain due to margin calls. The London Metal Exchange (LME) had to cancel trades to prevent broker failures. The crisis was driven by a short squeeze involving the Chinese company Qingshan. The resolution of this situation is crucial for the market's reopening.

What role did the Chinese nickel company Qingshan play in the market situation?

What needs to happen for the nickel market to reopen?