Nickel Futures Rise 2.50 pc on Firm Global Cues
MSN reports that nickel shot up in India to Rs 990.50 per kg in futures trade.
Articles Tagged "india"
Nickel Recovers on Spot Demand, Short-Covering
Business Standard reports nickel futures prices rose by 1.31% amid higher spot demand from alloy makers and covering-up of short positions.
Breakouts In Nickel Charts, Headed Towards 1150 In Short Run
IIFL reports nickel is all set to remain ahead of other metals from the beginning of new month.
Nickel Futures Up 0.45 pc on Global Cues, Spot Demand
MSN reports nickel prices rose by 0.45 per cent in futures trade today as the London Metals Exchange and spot-nickel trade firmed.
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.
Growing inventories weigh on nickel
By Leia Michele Toovey- Exclusive to Nickel Investing News Under the weight of high inventories, nickel is anticipated to be one of the slowest industrial metals to rebound. LME stocks of nickel are at their highest since around mid-1995. The world refined nickel market was in surplus by 42,900 metric tonnes in January-November of 2008, [...]
Fall in nickel prices may drive steel prices down by 7 pc
Indian stainless steel makers like Jindal Stainless, Mukand Steel and Shah Alloys are looking at reducing prices by up to 5-7 per cent in the coming months due to falling nickel prices. N C Mathur, Jindal Stainless director, was quoted as saying: Since nickel prices have fallen sharply, there is a fair chance of revision in stainless [...]
Nickel prices to decline due to low purchases by steelmakers
India’s largest stainless steel producer, Jindal Stainless, commented that nickel prices can fall further due to decline in purchases made by steekmakers. Arvind Parakh, a director at the New Delhi-based company, said: Nickel will average between $20,000 and $25,000 a metric ton this year compared with an average $37,089 a ton last year. For full story, click [...]
India to explore Equador’s mining sector
Government of India and Equador are exploring possibilities of cooperation between India and Equador to exploit Equador’s extremely rich mineral reserves, including gold, copper, nickel and ferro metals worth 220 billion dollars. For full news, visit here
Introduction to Nickel Investing
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 [...]
