Nickel Advances with Industrial Metals: LME
Bloomberg reported that nickel led gains on the LME, and industrial metals have advanced for the first time in 6 days.
Articles Tagged "industrial metals"
Nickel May Find Support As China Stocks Up On Industrial Metals
CNBC reported nickel find support from talk that the Chinese government may be stocking up on these metals while they trade near their marginal production costs, traders said.
Copper Drops to Lowest in a Year as Nickel, Tin Plunge on Recession Threat
Bloomberg reported nickel and other metals plunged on concerns that demand for raw materials will slow.
Nickel futures down over one pc on global cues
The Economic Times.com reports that Nickel prices were down today.
Hard Creek Nickel Corporation: Preliminary Test Results for Turnagain Project
Hard Creek Nickel Corporation (PINK:HNCKF,TSE:HNC) announces that they have results from preliminary testing at the Turnagain Nickel Project, located near Dease Lake, BC.
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, [...]
China’s stimulus package gives nickel short-term relief
By Leia Michele Toovey- Exclusive to Nickel Investing News The industrial metals experienced an early week price lift backed by stock market momentum from China’s stimulus plan. Further impetus to the metals came by way of a pledge by the G20 group to take all necessary measures to get financial markets back on their feet. [...]
Miners adjust operations to cope with low nickel prices
By Leia Michele Toovey- Exclusive to Nickel Investing News The price of nickel used in stainless steel has slumped more than 60 per cent from the beginning of this year and some mining companies have been forced to cut back output or delay projects as prices have fallen below the marginal cost of production. Nickel [...]
Have nickel prices bottomed out?
By Leia Michele Toovey- Exclusive to Nickel Investing News It is no secret that there has been a big price crash in industrial metal prices this year, and nickel took the biggest hit. But nickel’s poor performance may mean that it will be the first to pull itself out of troubles. We all know that [...]
Low nickel prices drop stainless steel costs
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 [...]
