13
Apr
13:58
Nickel prices continue to oscillate around $16,000/t
Nickel prices remain stuck in the holding pattern they’ve maintained since early March, Kallanish learns from the London Metal Exchange.
As of 12 April, cash nickel stood at $16,220/tonne. Nickel pricing dropped sharply at the end of February to about $16,144/t in early March.
The high for the year stands at $19,689/t, which was achieved in late February.
Though the vast majority of nickel is consumed by the stainless steel industry - for…
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Anonymous
Very good overview of the weekly steel market.
Anonymous