Southern Metal Finishing

Re: Nickel selling up by $.41/lb

Indications at 7:50 am CST show nickel selling up by $.41/lb . New direction - or just the upside of a see-saw market? While there is little doubt the price of nickel will remain bullish for at least a few more years, we are a little surprised that traders seem to be shrugging off the gains seen in the LME warehouses. (Bloomberg - more)


Re: Nickel selling up by $.41/lb

Nickel is down 30% from previous month and this year's high of $24.50/lb. ($54,000/MT), now trading around $17.00/lb. ($37,600/MT).

Skelton, hOST