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...
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...
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.
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 ...
[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.
[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.
[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...