Friday, May 31 Daily Nickel/Stainless Steel Briefing (8:00 AM CST is 1PM in London) Dow Jones reports three month nickel closed Thursday’s trading session at $6.72/lb . Indicators at 6:50 am CST today show 3 month nickel trading around $.01/lb lower, with other London traded base metals trading mostly lower as well. All changes so […]
Tuesday, January 31 Daily Nickel/Stainless Steel Wrap-up Sucden’s day old nickel chart – (here). Baltic Dry Index – minus 22 to 680. (chart) Dollar graph in lower right corner of this page – (chart of dollar index) (live java chart) Headlines & leaders – (Bloomberg) Premier Wen Jiabao Says China Should Allow People to Criticize […]
Cell phone and tablet users – smaller version of this page – (here) Tuesday, April 30 Daily Nickel/Stainless Steel Briefing (7:00 AM CST is 12 PM in London) Three month nickel closed Monday’s trading session at $5.63/lb . Indicators at 6:20 am CST today show 3 month nickel trading $.01/lb higher. Stockpiles of […]
Daily Nickel/Stainless Steel Briefing Nickel closed Tuesday’s trading session at $8.12/lb ($17,905/tonne). Indicators at 5:40 am CST today show nickel trading around $.01/lb lower and under $18,900/tonne. Stockpiles of nickel stored in LME licensed warehouses rose on Tuesday and started today’s day of trading, just under the 40,700 tonne level. Shanghai nickel was quiet overnight, […]
Cell phone and tablet users – smaller version of this page – (here) Thursday, November 30 Daily Nickel/Stainless Steel Briefing (7:00 AM CST is 12 PM in London) Three month nickel closed Wednesday’s trading session at $5.23/lb . Indicators at 6:20 am CST today show 3 month nickel trading around $.05/lb lower. Stockpiles […]
Monday, September 30 Daily Nickel/Stainless Steel Briefing (8:00 AM CST is 1PM in London) Dow Jones reports three month nickel closed Friday’s trading session at $6.34/lb . Indicators at 7:00 am CST today show 3 month nickel trading around $.01/lb lower, with other London traded base metals trading mixed, and mostly higher, yet quietly. Stockpiles […]
Daily Nickel/Stainless Steel Briefing Nickel closed Thursday’s trading session at $5.56/lb ($12,250/tonne). Indicators at 7:30 am CST today show nickel trading around $.02/lb lower. Stockpiles of nickel stored in LME licensed warehouses fell on Thursday and started today just under the 233,300 tonne level. The commodity board is rather quiet this morning, as traders await […]
Update – Tropical Cyclone Gene, which was threatening New Caledonia late last week, has turned away from the island. THE surprise raid on Rio Tinto by China’s Chinalco and US-based Alcoa has done three things: put Rio firmly into play as BHP Billiton has until Wednesday to “put up” a bid or “shut […]
Updated twice daily before 8:00 am CST and by 1 pm CST Tuesday, September 30 Daily Nickel/Stainless Wrap-up Baltic Dry Index – minus 287 to 3,217. (chart) Dollar graph in lower right corner of this page – (chart of dollar index) (live java chart) Headlines and leaders from today – (MarketWatch) U.S. home prices down […]
Friday, September 30 Daily Nickel/Stainless Steel Wrap-up Baltic Dry Index – minus 14 to 1,899. (chart) Dollar graph in lower right corner of this page – (chart of dollar index) (live java chart) Headlines & leaders – (Bloomberg) China’s Manufacturing Contracts for Third Month on Orders, Export Demand // Putin’s Second Coming Is No Gift […]
(all ton listings are metric tons = 2204.6 pounds – what we use to determine closing – see bottom of page) 2-28 LME nickel closes at $6.78/lb. * LME nickel inventory – plus 174 tons = 34,788 tons 2-27 LME nickel closes at $6.80/lb. * LME nickel inventory – minus 198 tons = […]
Thursday, November 29 Daily Nickel/Stainless Steel Briefing (7:00 AM CST is 12 PM in London) Three month nickel closed Wednesday’s trading session at $4.90/lb . Indicators at 6:20 am CST today show 3 month nickel trading around $.06/lb higher. Stockpiles of nickel stored in LME licensed warehouses fell on Wednesday and started today just over […]
Friday, October 31 Daily Nickel/Stainless Steel Briefing (8:00 AM CST is 1PM in London) Dow Jones is reporting three month nickel closed Thursday’s trading session at $7.15/lb . Indicators at 6:40 am CST today show 3 month nickel trading around $.12/lb higher, with other London traded base metals trading higher as well. Stockpiles of nickel […]
Cell phone and tablet users – smaller version of this page – (here) Thursday, October 29 Daily Nickel/Stainless Steel Briefing (8:00 AM CST is 1PM in London) Three month nickel closed Wednesday’s trading session at $4.79/lb . Indicators at 6:00 am CST today show 3 month nickel trading around $.03/lb lower, but in […]
