Tag Archive | "recession"

Nickel onboard for a base metal rally

Tuesday, June 2, 2009

By Leia Michele Toovey- Exclusive to Nickel Investing News On Monday, Nickel prices extended last week’s rally; as positive manufacturing data out of China, the world’s third largest economy lifted the base metals. Extra impetus came as the weakening greenback made nickel more economical for holders of other currencies. Many analysts are still trigger shy [...]

Cutbacks make way for nickel boom

Thursday, January 29, 2009

By Leia Michele Toovey- Exclusive to Nickel Investing News Nickel prices plunged 59 per cent last year, as demand around the globe collapsed.  For the nickel market to improve in 2009, two key events need to transpire. First off, demand from steelmakers needs to improve, and secondly, China’s economy needs to grow.  Currently, steelmakers are [...]

Gold/Nickel ratio likely to slip due to recession: Deutsche

Thursday, December 25, 2008

Deutsche Bank said that the gold to nickel price ratio, a key indicator of economic performance, could fall into single digits if the recession is as deep as that of the early 1980s. For full story, click here

Nickel miners and contractors face a bleak Christmas

Wednesday, November 26, 2008

Nickel miners and contractors face a bleak Christmas with many mines being closed by the end of 2008. For full story, click here

Nickel prices to decline further although production cuts loom

Monday, October 27, 2008

Fall in the price of the metal from record highs above $50,000 a tonne is set to continue into 2009, as Nickel is likely to decline well below $10,000 as a global economic recession bites. Richard Knights, analyst at Numis Securities. said: At current prices some 50% of the nickel industry is losing money. It is not a sustainable [...]

Nickel prices to decline further, production cuts loom

Friday, October 24, 2008

A  sharp decline in the price of the metal from the highs of above $50,000 a tonne is set to continue into 2009, as the metal may fall well below $10,000 as a global economic recession bites. Richard Knights, an analyst at Numis Securities, said: At current prices some 50 percent of the nickel industry is losing money [...]

Get our exclusive independent commentary on nickel trends and companies delivered to your inbox. Sign up to get exclusive access to our market catalysts a week before they are published online. Learn More »

Simply fill in your name and email to make better investment decisions.

Privacy Policy - Close this banner

x
Please enter a valid email.

Information