Nickel ended at $9,900 a tonne from $10,275
Key stainless steel ingredient nickel ended at $9,900 a tonne from $10,275 at the close on Monday. For full story, click here
Key stainless steel ingredient nickel ended at $9,900 a tonne from $10,275 at the close on Monday. For full story, click here
Base metals may rise up to 7 per cent in the short term on speculation that the stimulus packages proposed by the governments of the US and China will revive growth and boost demand for industrial commodities. for full story, click here
Nickel prices remained rangebound at $11,656. For full story, click here
It is reported that LME nickel price was closed at USD 11,150 per tonne on January 30th 2009, declined by 8% on last week and accounted for off 17% since the start of year 2009. For full story, click here
Nickel prices started climbing as restocking by metal traders, rise in industrial activity supported metal prices. For full story, click here
Prices started climbing as restocking by metal traders, rise in industrial activity supported metal prices. For full story, click here
Nickel prices would be tied to the fate of Steel industry and we expect the prices to trade in the range of $ 8,500 /tonne to $ 20,000/tonne at LME and Rs. 400 / kg to Rs. 960 / kg in domestic markets. For full story, click here
Falling nickel price would also hit high-cost producers, particularly those working or developing the complex laterite ores. For full story, click here
Sumitomo Metal Mining Co Ltd jumped 14.8 percent to 690 yen after it said it would buy back up to 10 billion yen worth of its own shares, or 2.8 percent of the outstanding shares. For full story, click here
Production cuts and deferred or cancelled investments are a way for producers to respond to falling prices, Nickel has seen the largest cuts. For full story, click here
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