By Kishori Krishnan Exclusive To Nickel Investing News The signs are clear. Nickel is on a comeback trail. The fallout from the financial crisis that afflicted the world economy saw nickel prices fluctuate wildly. LME prices peaked at just over US$ 52,000/t in May 2007, on the back of strong demand and low stocks, but [...]
Continue reading "Nickel Prices To Firm Up"
Wednesday, June 17, 2009
By Leia Michele Toovey- Exclusive to Nickel Investing News Nickel took part in the base metal’s slide this week; with nickel futures dropping from cash buyer $15,600 per tonne on the LME last Friday, to $14,950 per tonne on Tuesday’s close. The sharp losses in futures values hit all the base metals as another round [...]
Continue reading "Nickel joins as base metals slide"
Wednesday, April 8, 2009
By Leia Michele Toovey- Exclusive to Nickel Investing NewsAt last week’s G20 summit, world leaders gathered and pledged their support to take bold steps to lift the global economy. The summit’s host- UK Prime Minister Gordon Brown claimed the meeting marked the emergence of “A New World Order.” Together the leaders unveiled a $1,100 bn [...]
Continue reading "G20 leaders’ support promise spurs nickel"
Wednesday, August 13, 2008
By Leia Michele Toovey- Exclusive to Nickel Investing News On Tuesday, there was a rapid sell-off in all of the industrial metals as worries about the health of the global economy prompted investors to dump commodities. The drop in the price of nickel was short-lived, though. On Wednesday, nickel jumped to $19,175 compared to $18,100 as [...]
Continue reading "Low nickel prices drop stainless steel costs"
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Tuesday, January 12, 2010