(all ton listings are metric tons = 2204.6 pounds – what we use to determine closing – see bottom of page) 4-28 LME nickel started off the day in a nose-dive, going as low as $8.24/lb (10% lower than Tuesday’s high), before rebounding and ending the day, week, and month at $8.73/lb. * Metals […]
11-30 LME nickel ended the day at $6.47/lb, as dollar rallies from morning record low. * Bloomberg is reporting Andrew Mitchell, an industry consultant, told the Mining Journal’s Nickel Conference in London, that the nickel deficit will narrow to 2M tons next year, but will increase to 16M tons in 2006. This is after […]
Daily Nickel/Stainless Steel Briefing Nickel closed Friday’s trading session at $7.61/lb ($16,770/tonne) and Monday’s at $7.56/lb ($16,675/tonne). Indicators at 5:40 am CST today show nickel trading around $.08/lb lower. Stockpiles of nickel stored in LME licensed warehouses rose on Friday to just over the 119,300 tonne level and on Monday, they backtracked to just under […]
Daily Nickel/Stainless Steel Briefing (8:00 AM CST is 1PM in London) Dow Jones reports three month nickel closed Monday’s trading session at $6.38/lb . Indicators at 6:30 am CST today show 3 month nickel trading around $.07/lb lower, with other London traded base metals trading lower as well. Stockpiles of nickel stored in LME approved […]
Daily Nickel/Stainless Steel Briefing Nickel closed Thursday’s trading session at $15.40/lb ($33,955/tonne). Indicators at 6:25 am CST today show nickel trading around $.09/lb lower. Stockpiles of nickel stored in LME licensed warehouses fell on Thursday and started today’s session just under the 72,700 tonne level. The Euro is trading lower this morning, after a temporary […]
Cell phone and tablet users – smaller version of this page – (here) Wednesday, September 30 Daily Nickel/Stainless Steel Briefing (8:00 AM CST is 1PM in London) Three month nickel closed Tuesday’s trading session at $4.48/lb . Indicators at 6:05 am CST today show 3 month nickel trading around $.15/lb higher, and crawls […]
Tuesday, June 30(last day of first half of 2009) Daily Nickel/Stainless Steel Wrap-up Baltic Dry Index – plus 23 to 3,757. (chart) Dollar graph in lower right corner of this page – (chart of dollar index) (live java chart) Headlines & leaders – (Bloomberg) Japan’s Jobless Rate Rises to Five-Year High, Spending Jumps on Stimulus […]
4-30 LME nickel is trading softly this morning, falling back to $5.08/lb. 4-29 Metals market was rocky today as prices gained as quickly as they had lost yesterday, and then settled down. LME nickel ended the day at $5.10/lb. We predicted a few week’s ago that we felt the market would settle down to the $5/lb […]
Updated twice daily before 8:00 am CST and by 1 pm CST Wednesday, December 31 Daily Nickel/Stainless Wrap-up Baltic Dry Index to be published next on January 2nd. Opened 2008 at 8891, rose to 11,793 on 5/20, fell to 774 on 12/24 and closed 2008 at 663. (chart) Dollar graph in lower right corner […]
Daily Nickel/Stainless Steel Briefing Nickel closed Thursday’s trading session at $6.86/lb ($15,130/tonne). Indicators at 6:55 am CST today show nickel trading around $.14/lb higher. Stockpiles of nickel stored in LME licensed warehouses rose on Thursday and end the week about where they did last week, just shy of 239,000 tonnes.We are reading that some metals […]
This page is archived news covering the period from July 1, 2006 to July 31, 2006. If you are looking for current daily market news, please visit this page. Stainless Steel & Metals News. July 2006 (Nickel prices are followed here daily as they are responsible for up to 60% of the cost of stainless […]
We will be traveling on Friday so our next update will be on Monday the 15th. Have a safe and relaxing weekend! Daily Nickel/Stainless Steel Briefing (8:00 AM CST is 1PM in London) Dow Jones is reporting three month nickel closed Wednesday’s trading session at $7.42/lb . Indicators at 6:45 am CST today […]
Daily Nickel/Stainless Steel Briefing Nickel closed Monday’s trading session at $7.44/lb ($16,410/tonne). Indicators at 5:25 am CST today show nickel trading around $.03/lb lower. Stockpiles of nickel stored in LME licensed wareouses fell on Monday and started today reading just shy of the 200,800 tonne level. Shanghai nickel slipped to 129,490 y/t overnight. Euro […]
Friday, February 26 Daily Nickel/Stainless Steel Wrap-up Baltic Dry Index – plus 27 to 2,738. (chart) Dollar graph in lower right corner of this page – (chart of dollar index) (live java chart) Headlines & leaders – (Bloomberg) Emerging Markets Lead Stocks Higher as Metals Gain on Economic Expansion // European Economy Risks Decoupling From […]
