This page is archived news covering the period of November 2007 If you are looking for current daily market news, please visit here. Free comprehensive information on worldwide nickel market pricing, stainless steel prices and metals market analysis and forecasts Updated twice daily M-F before 8:00 am CST and by 1 pm CST Friday, November […]
Daily Nickel/Stainless Steel Briefing Nickel closed Tuesday’s trading session at $11.59/lb ($25,555/tonne). Indicators at 6:00 am CST today show nickel trading around $.34/lb lower. Stockpiles of nickel stored in LME licensed warehouses rose on Tuesday and started today just over the 21,700 tonne level. Shanghai nickel decided LME traders were not going to take its […]
Wednesday, February 28 Daily Nickel/Stainless Steel Briefing (7:00 AM CST is 12 PM in London) Three month nickel closed Tuesday’s trading session at $6.28/lb . Indicators at 6:15 am CST today show 3 month nickel trading around $.01/lb higher. Stockpiles of nickel stored in LME approved warehouses fell on Tuesday and now total just under […]
Wednesday, October 31 Daily Nickel/Stainless Steel Briefing (8:00 AM CST is 1PM in London) Dow Jones reports three month nickel closed Tuesday’s trading session at $7.31/lb . Indicators at 7:00 am CST today show 3 month nickel trading around $.10/lb higher, with all London traded base metals trading higher this morning. Stockpiles of nickel stored […]
Cell phone and tablet users – smaller version of this page – (here) Tuesday, October 31 Daily Nickel/Stainless Steel Briefing (7:00 AM CST is 12 PM in London) Three month nickel closed Monday’s trading session at $5.30/lb . Indicators at 6:30 am CST today show 3 month nickel trading around $.10/lb higher. Stockpiles […]
Friday, May 29 Daily Nickel/Stainless Wrap-up Baltic Dry Index – plus 196 to 3,494. (chart) Dollar graph in lower right corner of this page – (chart of dollar index) (live java chart) Headlines & leaders – (Bloomberg) Indian Expansion, Japan Production Gain Add to Evidence Worst May Be Over // China GDP Forecasts Rise as Investment […]
Daily Nickel/Stainless Steel Briefing (7:00 AM CST is 12 PM in London) Nickel closed Monday’s trading session at $7.43/lb ($16,380/tonne). Indicators at 6:15 am CST today show nickel trading around $.05/lb lower. Stockpiles of nickel stored in LME licensed warehouses rose slightly yesterday and started today’s session just under the 69,500 tonne level. Look […]
(all ton listings are metric tons = 2204.6 pounds – what we use to determine closing – see bottom of page) 3-31 LME nickel, at $6.89/lb, ends the day, as did all metals, in the negative as fund investors consolidate their portfolio’s for the quarter end. * LME nickel inventory – plus 222 tons = […]
Thursday, March 28 Daily Nickel/Stainless Steel Briefing (8:00 AM CST is 1PM in London) Dow Jones reports three month nickel closed Wednesday’s trading session at $7.64/lb . Indicators at 7:00 am CST today show 3 month nickel trading around $.03/lb lower, with all London traded base metals trading lower as well. Stockpiles of nickel stored […]
Updated twice daily before 8:00 am CST and by 1 pm CST Friday, October 31 (Happy Halloween) Daily Nickel/Stainless Wrap-up Baltic Dry Index – minus 34 to 851. (chart) Dollar graph in lower right corner of this page – (chart of dollar index) (live java chart) Headlines & leaders – (MarketWatch) European shares extend winning […]
(all ton listings are metric tons = 2204.6 pounds – what we use to determine closing – see bottom of page) 8-31 LME nickel ended the day at $6.74/lb. * MEPS is reporting world output of crude stainless was up almost 6% in the first half of 2005, compared to the same period last […]
Daily Nickel/Stainless Roundup Today’s official LME nickel closing prices – cash – $14.06/lb 3 month buyer – $14.29/lb (5.67% lower than 1/1/07) Baltic Dry Index – plus 10 to 10,994. LME nickel inventories – movement shifted back to Europe. plus 450 tonnes into Rotterdam, Netherlands warehouse, minus 252 tonnes from Rotterdam warehouse, minus 12 […]
Daily Nickel/Stainless Steel Briefing Nickel closed Wednesday’s trading session at $7.26/lb ($16,010/tonne). Indicators at 6:10 am CST today show nickel trading around $.01/lb lower. Stockpiles of nickel stored in LME licensed warehouses fell slightly on Wednesday and this morning, remain just above the 241,800 tonne level. Seeing some separation yesterday and today, with the Euro […]
Daily Nickel/Stainless Steel Wrap-up Baltic Dry Index – minus 24 to 2,468. (chart) Dollar graph in lower right corner of this page – (chart of dollar index) (live java chart) Headlines & leaders – (Bloomberg) China’s Recovery Strengthens as Industrial Production, New Lending Advance // Japan’s Economy Grew 2.3% Last Quarter, Less Than Initially Estimated […]
