Nickel rose on production cuts, investment purchasing

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Mon, Apr 20, 2009

Nickel Market News
Post by Melissa Pistilli, Nickel Senior Reporter

Price of nickel, which is used in stainless steel, rose by 16% this week against the previous week due to production cuts and purchasing. Nickel futures on London Metal Exchange closed up 16% at $12,725 per tonne after making a high of $12,844.

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