Nickel – Metal Bulletin reported that in today's official London Metal Exchange (LME) session, nickel hit $18,000 per tonne for the first time since February 2013.
Articles Tagged "Nickel Market News"
Nickel – Platts reported that Goldman Sachs Group Inc. (NYSE:GS) has upped its three- and six-month nickel price forecasts due to the Indonesian export ban.
Nickel – CTV News reported that Scotiabank now expects nickel to average US$7.66 per pound this year, higher than its initial prediction of $6.75.
Nickel – The West Australian reported that nickel companies are enjoying share price rises today as the price of nickel increases.
Nickel – Reuters reported that three-month nickel on the London Metal Exchange (LME) has hit a one-year high of $17,188 per tonne. While that may sound like good news, some nickel market participants are concerned that the metal's price may be moving upward too fast.
Nickel – Metal Bulletin reported that Jinchuan Group Company Ltd. today upped its benchmark nickel price once again.
Nickel – Bloomberg reported that after China retained its 7.5-percent economic growth target, nickel rose to a nine-month high.
Nickel – Reuters reported that Patrick Buffet, chairman and chief executive of France's Eramet SA (EPA:ERA), believes Indonesia's export ban is a positive development and will "eventually support nickel prices."
Nickel – Reuters reported that Indonesia's ban on unprocessed ore exports is set to send the value of its mining exports as low as $7 billion this year, from $11 to $12 billion in 2013. Prior to the ban, the country was the world's top exporter of nickel.
Nickel – Metal Bulletin reported that nickel on the London Metal Exchange (LME) rose to a three-and-a-half-week high yesterday.