Nickel Futures Surged 3.94%
Nickel futures on Wednesday surged by 3.94 per cent on the Multi Commodity Exchange in morning trade on heavy buying by traders, triggered by international cues. For full story, click here
Articles Tagged "global"
Nickel Futures Surged 3.94%
Nickel futures on Wednesday surged by 3.94 per cent on the Multi Commodity Exchange in morning trade on heavy purchasing by traders, triggered by international cues. For full story, click here
Nickel Remained Weak in Futures Trade on Global Cues
Amid continued profit-booking and slip in copper and other base metal prices in the global market, nickel traded 1.31 per cent down on the domestic Multi Commodity Exchange today. For full story, click here
Nickel Futures Surged 3.94%
Nickel futures on Wednesday surged by 3.94 per cent on the Multi Commodity Exchange in morning trade on heavy buying by traders, triggered by global cues. For full story, click here
Global Nickel Price in 2009 may dip by 47% YOY
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
Nickel Prices has continued to trade higher on Global Cues
The surging trend in nickel remained unabated on the non-ferrous metal market here today on the back of heavy stockists purchasing driven by firming trend in overseas market. For full story, click here
Nickel futures have surged on short-covering, firm overseas cues
Nickel futures have inched up 0.76 per cent in early trade on the Multi Commodity Exchange today largely in tandem with a firming trend in the global markets. For full story, click here
Nickel excess in the world in 3 months have reached 56600 tonnes
According to World Bureau of Metal Statistics report, there is 56600 tonnes excess in the global market in the first three months of 2009. At the same time nickel output in the period dipped by 6.3 % YoY having made 316500 tonnes. For full story, click here
Steelmakers’ search for nickel substitute in hiatus
By Leia Michele Toovey- Exclusive to Nickel Investing News Nickel’s plummet from all time highs may actually work out in the end to benefit the metal. The hunt for effective substitutes for nickel in making stainless steel may have slowed down after nickel prices tumbled around 80 per cent in less than two years. While [...]
Nickel Futures dipped 0.57 percent on weak global cues
Nickel futures today moved down by 0.57 per cent on fresh selling by speculators on reports of weakening trend in the world market. For full story, click here
