10
Nov
14:35
Analyst believes nickel price high to be stable
The nickel price on the London Metal Exchange (LME) has lately stabilised at around $15,500/tonne, after rising over time, and reaching a temporary high of $15,800/t
"The rise happened very quickly and almost linear, which brought the figures into what is known as an overbought market,“ Roland Maus of stainless scrap merchant Oryx says. This cried out for a correction to avoid an artificial bubble. At the moment, however, the good global demand fo…
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Anonymous
Very good overview of the weekly steel market.
Anonymous