Nickel Still Flat, but There is an Upside
Nickel prices have remained flat and there is a surplus of product on the market. But it’s not all doom and gloom despite the downgrade on China’s economic growth.
Article Directory
Nickel Outlook Falls Victim to Oversupply
February 2012 Edition: The latest commentary, overview, and opinions relating to the global nickel market.
Norway’s Intex Signs Deal with MCC8 Group to Develop Mindoro Nickel Project
The Mindoro Nickel project is expected to come into production earliest in 2015. Norway's Intex Resources earlier this month signed a memorandum of understanding with a Chinese firm to develop the project. The chairman of Intex, Jan Vestrum, talks about the project, Chinese investors and nickel prices.
First Point Minerals: Nickel-Iron Alloy Exploration
Dr. Peter Bradshaw, CEO of First Point Minerals spoke with Nickel Investing News about the nickel-iron alloy, a naturally occuring stainless steel and the implications the metal can have for the steel industry.
Nickel Market to Improve in 2012
The price of nickel has fallen to $18,595 per tonne on surplus and the increased use of nickel-pig-iron in China. Analysts, however, are optimistic that low prices will encourage China's nickel consumption and lead to a stabilized 2012 nickel market.
Is Nickel’s Price an Economic Indicator for Copper?
Is there a connection between nickel's price movements and the developments in the copper market? Nickel Investing News asked Wayne Atwell, Managing Director and Senior Metals Analyst for Rodman & Renshaw.
Nickel Prices Continue to Slide
Nickel is projected to be in a surplus over the next year and a half, as weak stainless steel demand has caused cuts in production. There are supporting factors as the market heads for its bottom.
Nickel Prices Falling on Weak Demand
Nickel prices on the LME have been on a downward trajectory since March. Weakened demand for steel, increased production of nickel, and many manufacturers seeking substitutes may put create a surplus in 2011.
Introduction to Nickel
Nickel is a lustrous silvery-white, corrosion-resistant metal with a reddish tinge that has been used for thousands of years. A commonly over looked presence of modern day life, nickel is used in applications in buildings and infrastructure, household equipment, chemical production, and energy supply, to name a few.
Nickel Price Trends
It has been an eventful year for the price of nickel. The metal witnessed a rise in price early in the year, followed by its highest price since the fourth quarter of 2008. Since April, the metal has seen a sharp decline in its price, but has recovered nicely over the course of the rest of 2010.
