Sherritt International has posted a 70% slipped in second quarter profit, hurt by lower nickel, cobalt and oil prices resulting from weakened global industrial demand. For full story, click here
Continue reading "Sheritt has Posted 70% Net Profit Slipped in Q2"
Tuesday, July 21, 2009
Mr Adrian Gardner associate consultant for the Brook Hunt unit of Wood Mackenzie forecasts that with stainless steel output crashing worldwide this year, demand for key alloy nickel is sliding and its world price will average USD 5.10 per pound, a 47% drop from USD 9.57 in 2008. For full story, click here
Continue reading "Global Nickel Price in 2009 may dip by 47% YOY"
Thursday, July 16, 2009
With stainless steel production crashing worldwide this year, demand for key alloy nickel is sliding and its world price will average $5.10/lb, a 47% dip from $9.57 in 2008. For full story, click here
Continue reading "Brook Hunt declared Nickel Prices will dip 47% in ’09"
Saturday, June 20, 2009
Prices of nickel recovered smartly on the non-ferrous metal market here today due to fresh industrial demand coupled with higher advices from London Metal Exchange. For full story, click here
Continue reading "Smart Recovery in Nickel prices on higher LME Advices"
Friday, June 19, 2009
Prices of nickel recovered smartly on the non-ferrous metal market here today due to fresh industrial demand coupled with higher advices from London Metal Exchange. For full story, click here
Continue reading "Smart recovery in Nickel prices on higher LME advices"
Tuesday, May 12, 2009
Vale has forecasted that global nickel demand is showing some limited signals of improvement. For full story, click here
Continue reading "Vale forecasts improvement in nickel market"
Wednesday, April 29, 2009
Nickel futures have regained strength to trade 0.49 per cent higher in early trade on the Multi Commodity Exchange today as speculators were seen covering-up their positions, driven by a pick-up in demand for the metal in the physical markets. For full story, click here
Continue reading "Nickel futures recovered as demand picked up in spot market"
Monday, April 27, 2009
The global nickel market will be in an 80,000 tonnes surplus in 2009, as dipping demand continues to outpace cutbacks made by producers. For full story, click here
Continue reading "INSG forecasted 2009 nickel market in 80,000 T surplus"
Monday, April 6, 2009
The combination of very poor demand and insufficient production cuts are expected to pull the nickel market into a material surplus of 36kt this year has prompted BMO Capital Markets to slash nickel price forecasts by 20% to $4.60/lb this year and by 21% to $5.50/lb in 2010. BMO Capital Markets Global Commodity Strategist Bart [...]
Continue reading "BMO has cut its nickel price forecast"
Friday, April 3, 2009
Japan Oil, Gas & Metals National Corporation held a meeting to report about the present situation and an outlook concerning minerals and metals with major focus on the world demand for nickel. For full story, click here
Continue reading "Update on present situation and outlook of nickel world market"
For upcoming nickel investing trade shows, see the following links: Cambridgehouse, IIC, Chicago Resource Expo
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Tuesday, August 4, 2009