By Kishori Krishnan Exclusive To Nickel Investing News Consumers are back to buying. Clear cut indicators suggest that that Americans and most other consumers are able to get their balance sheets in better order these days and so, have gone back to the market. The jobs report too showed signs that the labor market could [...]
By Kishori Krishnan Exclusive To Nickel Investing News The signs are clear. Nickel is on a comeback trail. The fallout from the financial crisis that afflicted the world economy saw nickel prices fluctuate wildly. LME prices peaked at just over US$ 52,000/t in May 2007, on the back of strong demand and low stocks, but [...]
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 [...]
Brazilian miner Vale declared that its profits have dipped 33 percent in the first quarter as the global economic slump has reduced demand for iron ore, nickel, aluminum and other metals. For full story, click here
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