“Misunderstood” Nickel Could Rally in 2013
Nickel – The wave of supply expected to flood the nickel market may never come, states a new report, and that could lift nickel prices this year.
Nickel – The wave of supply expected to flood the nickel market may never come, states a new report, and that could lift nickel prices this year.
Nickel – Platts reported Mechel (NYSE:MTL) says its nickel sales for the first half of 2012 are down five percent.
Coal – Bloomberg reported that Mechel's (NYSE:MTL) net profit fell 29%, in part due to sliding coal prices.
Coal – Reuters reported that Mechel's (NYSE:MTL) quarterly profits were lower than forecast.
Coal – Bloomberg reported that Mechel (MCX:MTLR) is postponing its planned coal IPO.
Coal Investing News reports coal stocks have been hit pretty hard with this global recession. Coal stocks at Qinhuangdao, China’s top coal shipping port, however, climbed 13 per cent on the week, to 5.5 million tonnes, as more coal arrived than was shipped out. According to Reuters calculation based on the data a total of 265 [...]
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