** Shares of Nickel Industries NIC.AX fall as much as 12.1% to A$0.435, their weakest levels since mid-April 2020, as they track metal prices lower
** Metal prices in China, including nickel, face downward pressure as the looming 104% U.S. tariffs on Chinese goods is set to take effect, lowering sentiment MET/L
** SHFE Nickel SNIcv1 down 0.3%
** YTD, shares down 46.1%
(Reporting bt Nichiket Sunil in Bengaluru)
((nichiket.sunil@thomsonreuters.com))
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