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Nickel rose on production cuts, investment purchasing

April 20, 2009 @ 1:53 am In Nickel Market News

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.

For full story, click here [1]


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[1] here: http://economictimes.indiatimes.com/Features/The-Sunday-ET/Markets/Nickel-up-on-production-cuts-investment-buying/articleshow/4419233.cms

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