Nickel Leads Gains in Most Industrial Metals amid China Rebound

Nickel led base metals higher in London, rebounding after two weeks of losses prompted by concerns over financial turmoil in China, the biggest consumer of commodities. Metals benefited from gains in equity markets and the currency in the Asian country on Mond...

Wednesday, January 20, 2016

Stubborn Bulls See Nickel Swinging to Best Metals Bet in 2016

This year will be different. That’s what some analysts are saying about the price of nickel, a metal used in making stainless steel that was supposed to surge last year but instead plunged to a 12-year low. While the Slump of 2015 has continued this month, th...

Wednesday, January 20, 2016

Half of Global Nickel Oversupply Shrunked in the First Eleven-Months 2015

As reported, International Nickel Study Group announced on Tuesday that global nickel oversupply shrunked 50% to 53200t from Jan. 2015 to Nov. 2015.

Wednesday, January 20, 2016

Top Nickel Producer Said to Budget for 24% lower Price This Year

When it comes to metals prices, GMK Norilsk Nickel is preparing for the worst. The Russian company that vies with Vale as the biggest producer is budgeting for an average of about $9000 a metric ton in 2016, said two people familiar with the situation.

Tuesday, January 19, 2016

Nickel Price Rebounded Slightly Last Week (Jan 11-Jan 15)

Last week, international nickel price rebounded slightly partly because of market adjustment. Nickel price in LME closed at $8545 per ton on Friday, up $350 compared to Monday. And nickel stock in LME reduced 3072 tons to 433968 tons on Thursday. In the other ...

Monday, January 18, 2016

Nickel Stock Need Time to Digest (Dec 21st-Dec 25th)

[Ferro-Alloys.com] Nickel Price Held Steady last week. On December 24th, nickel price in London Metal Exchange closed at 8620 dollars and its opening stock increased to 445332t.

Monday, December 28, 2015

Interest Rate Increase Didn’t Surprise Nickel Market (Dec 14th-Dec 18th)

[Ferro-Alloys.com] In December 17, Federal Reserve has increased the interest rate by 25 basis points, the first hike since June 2006, which means that the world-largest economy officially steps on a cycle of rate increasing.

Tuesday, December 22, 2015

Nickel Market Steps up to Balance Gradually (Dec 7th-Dec 11th)

[Ferro-Alloys.com] Nickel’s low price in London Metal Exchange (LME) stayed at 8,500-9,000USD/T and in Shanghai Futures Exchange (SHFE) priced at 65,000-70,000USD/T which performs pretty stable before the coming interest rate hike in America. Since November 2...

Monday, December 14, 2015
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