Nickel Prices Rising on Investor Demand
Bloomberg reported Norilsk Nickel (LSE:MNOD)said it's seeing an increased demand in nickel which is causing prices to rise.
Articles Tagged "nickel demand"
Lower Demand Encouragers Nickel Producers to Cut Back
Reuters Africa reported producers of nickel, aluminum and zinc are cutting back on lessened demand.
Base Metals Climb in Late Recovery
Reuters reported base metals fell then rose today as after rising euro zone bond yields backed mounting concern.
Nickel Stockpile Orders Gain on Signs of Stronger Chinese Demand
Bloomberg reported orders to remove nickel from stockpiles climbed to the highest level in almost two weeks because of stronger Chinese demand.
Nickel Stockpile Orders Increase to Highest Level Since April
Bloomberg reports orders to draw nickel from stockpiles monitored by the London Metal Exchange rose to the highest level since April.
Weak Stainless Demand to Sap Nickel Strength
Reuters reports slowing demand from stainless steel mills and rising mine production are likely to push the nickel market into surplus.
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.
Nickel Surplus to Narrow on China’s Demand for Steel
Bloomberg reports nickel surplus may narrow on increasing stainless-steel demand from China and stalled mining projects have lowered prices.
Nickel Pig-Iron Output in China Seen Surging in Challenge to Refined Metal
Bloomberg reports that nickel pig-iron output in China may surge 50 percent this year, possibly curbing demand for the refined product.
Norilsk Nickel analyst sees 2011 primary nickel consumption up 5 pct
Reuters reports global nickel consumption will grow by 5 percent in 2011.
