Goldman Sachs Sees Nickel Price Rally Continuing into 2015
US investment bank Goldman Sachs said the refined nickel market has shifted from a major surplus in 2013 to a much smaller surplus in 2014, according to a research note Thursday, adding that prices are likely to continue to rally into 2015. |
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 ... |
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. |
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+. |
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. |
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. |
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. |
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. |
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