By Kishori Krishnan Exclusive To Nickel Investing News The Euro has bounced back. London trade base metals on Friday were just that wee bit higher, with indicator charts registering the slow but sure climb of nickel. Dow Jones reported that 3-month nickel ended the day at $9.40/lb, a new high for 2010 and a gain [...]
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 [...]
By Leia Michele Toovey- Exclusive to Nickel Investing News Nickel futures continued to exhibit a weak trend backed by high inventories and poor demands from stainless steel makers. On India’s MCX, August 2008 contracts were down by 26 per cent to trade at Rs 806 per kg on Monday. The ongoing downside movement is expected [...]
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