Reuters reported that, Nickel prices may fall another 25 percent by the end of this year, unless orders from stainless steel producers in Europe increase in the next two to three weeks. Wright was quoted as saying: If demand from the stainless steel mills does not pick up in the fourth quarter, we could see [...]
Poor stainless steel demand, slow seasonal demand and weak market sentiments has been cited as the reason behind by falling Nickel premiums in Europe, as told by market participants to Metalbulletin.com For accessing this news, visit this link
Nickel is high lustre, silver-white coloured material that early civilizations confused with silver. Unlike “fools gold” this imposter is in no way worthless. The element has valuable applications that have enabled it to carve its own niche in the precious metals market. Nickel is primarily used as a refined metal with two thirds of global [...]
Get our independent commentary on nickel trends and companies delivered to your inbox.
