Nickel – China's State Reserves Bureau has purchased nickel for the first time since 2009. While that is not likely to impact prices for the metal in the long term, a short-term rise is expected.
Articles Tagged "nickel demand"
Nickel – Bloomberg reported that according to the International Nickel Study Group, refined nickel production went up to 153,100 metric tons in November of last year, despite the demand only at 142,600 tons.
Nickel – Bloomberg reported Norilsk Nickel (LSE:MNOD)said it's seeing an increased demand in nickel which is causing prices to rise.
Nickel – Reuters Africa reported producers of nickel, aluminum and zinc are cutting back on lessened demand.
Nickel – Reuters reported base metals fell then rose today as after rising euro zone bond yields backed mounting concern.
Nickel – Bloomberg reported orders to remove nickel from stockpiles climbed to the highest level in almost two weeks because of stronger Chinese demand.
Nickel – Bloomberg reports orders to draw nickel from stockpiles monitored by the London Metal Exchange rose to the highest level since April.
Nickel – Reuters reports slowing demand from stainless steel mills and rising mine production are likely to push the nickel market into surplus.
Nickel – Business Standard reports nickel futures prices rose by 1.31% amid higher spot demand from alloy makers and covering-up of short positions.
Nickel – Bloomberg reports nickel surplus may narrow on increasing stainless-steel demand from China and stalled mining projects have lowered prices.