Nickel Investors Beware, the Pig Iron Shortage Could Be a Myth

The nickel market enjoyed a bull run in the first quarter of this year following the Indonesian government’s hefty export tax on nickel ore exports resulting in a defacto ban. Overnight almost a third of global supply disappeared from the market and although ...

Thursday, August 28, 2014

POSCO Cuts Stainless Steel Prices for August Despite of Higher Nickel Price

South Korean steel giant Posco announced to cut its domestic prices for austenitic stainless coils by 100,000 won/ton for August due to weak market conditions during summer holiday, in spite of higher nickel prices.

Tuesday, August 5, 2014

Fitch raises Norilsk Nickel rating to BBB-, outlook stable

Fitch also raised Norilsk Nickel’s short-term foreign currency IDR to F3 from B and senior unsecured foreign currency rating to BBB-from BB+.

Wednesday, July 23, 2014

Norilsk Nickel to sell assets in Australia

It is reported that Russia’s MMC Norilsk Nickel said that the company has entered into an agreement to sell its Black Swan/ Silver Swan assets located in Western Australia.

Monday, July 14, 2014

France Eramet sees global nickel deficit in 2015-2017 on Indonesia ban

France's Eramet sees a global nickel deficit in 2015-2017 if Indonesia strictly adheres to its policy of banning exports of unprocessed nickel, Bertrand Madelin, CEO of Eramet Nickel said.

Friday, July 4, 2014

S.Korea POSCO to Cut July Stainless Steel Prices on Nickel Drop

uth Korean steelmaker POSCO said in a statement on Tuesday it has slashed its monthly stainless steel prices for July by 200,000 Korean won ($200) a tonne to reflect easing nickel prices, swinging back to price levels from a month earlier.

Wednesday, July 2, 2014

White Cliff Minerals Identifies New Nickel Anomaly at Merolia

White Cliff Minerals (ASX:WCN) has identified a new high tenor nickel in soil anomaly at its Merolia Nickel and Copper project in Western Australia’s Laverton region, which should see the share price lift.

Tuesday, July 1, 2014

Norilsk Nickel Starts Another Unit of Salt flow Recycling Investment Project (OJSC MMC Norilsk Nickel)

It is reported that Shenzhen GEM High-Tech Co. ,ltd signed a framework agreement June 26th, 2014 to acquire 60% stake in Yangzhou Ningda Noble Metal Co. at tentative price of 312 million yuan ($ 50.61 million).

Friday, June 27, 2014
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