Daily Nickel/Stainless Steel Briefing Nickel closed Tuesday’s trading session at $6.97/lb ($15,370/tonne). Indicators at 5:45 am CST today show nickel trading around $.02/lb higher. Stockpiles of nickel stored in LME licensed warehouses went unchanged on Tuesday and still reads just over the 165,350 tonne level. Shanghai nickel rose to 125,230 y/t overnight. The Euro is […]
Daily Nickel/Stainless Steel Briefing Nickel closed Thursday’s trading session at $10.94/lb ($24,110/tonne). Indicators at 7:00 am CST today show nickel trading around $.55/lb lower. Stockpiles of nickel stored in LME licensed warehouses fell on Thursday and started today’s session just below the 67,300 tonne level. Stockpile numbers have fallen more so far this month, than […]
Cell phone and tablet users – smaller version of this page – (here) Thursday, March 28 Daily Nickel/Stainless Steel Briefing (7:00 AM CST is 12 PM in London) Three month nickel closed Wednesday’s trading session at $5.92/lb . Indicators at 6:20 am CST today show 3 month nickel trading around $.03/lb lower. Stockpiles […]
Tuesday, July 31 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 $7.37/lb . Sucden has next major resistance at $7.51/lb. Indicators at 7:05 am CST today show 3 month nickel trading around $.09/lb lower, with other London traded base […]
(all ton listings are metric tons = 2204.6 pounds – what we use to determine closing – see bottom of page) 7-29 LME nickel ended the day at $6.46/lb as the market saw a little end of the month profit taking. * 18-8 stainless steel scrap falls under $1300/gross ton this week. * […]
Cell phone and tablet users – smaller version of this page – (here) Wednesday, July 27 Daily Nickel/Stainless Steel Briefing (8:00 AM CST is 1PM in London) Three month nickel closed Tuesday’s trading session at $4.69/lb . Indicators at 5:45 am CST today show 3 month nickel trading around $.01/lb lower. Stockpiles of […]
(all ton listings are metric tons = 2204.6 pounds – what we use to determine closing – see bottom of page) 10-28 LME nickel ends the day at $5.43/lb. * Continuing to gain, LME nickel inventories gained by 246 tons total 17,772 tons. 10-27 LME nickel rebounded a little today, ending at $5.49/lb. * […]
Cell phone and tablet users – smaller version of this page – (here) Wednesday, August 31 Daily Nickel/Stainless Steel Briefing (8:00 AM CST is 1PM in London) Three month nickel closed Tuesday’s trading session at $4.46/lb . Indicators at 5:40 am CST today show 3 month nickel trading around $.01/lb higher. Stockpiles of […]
Updated twice daily before 8:00 am CST and by 1 pm CST Weekend Review, August 30 & 31 Hurricane Gustav storm info here Live satellite view here WDSU New Orleans is live online here Traffic cams – here China imported 540,000 tons of chromium ore valued at 231.149 million US dollars in June […]
(all ton listings are metric tons = 2204.6 pounds – what we use to determine closing – see bottom of page) 12-23 LME nickel endeds at $6.17/lb. Have a happy and safe holiday season!! * 642 more tons added to LME inventories yesterday takes the total to 32,814 tons. 12-22 LME nickel ended the […]
Tuesday, April 30 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 $7.03/lb . Indicators at 7:00 am CST today show 3 month nickel trading around $.10/lb lower, with all other London traded base metals trading lower as well. Stockpiles of nickel […]
Daily Nickel/Stainless Steel Briefing Nickel closed Monday’s trading session at $6.88/lb ($15,165/tonne). Indicators at 6:05 am CST today show nickel trading around $.03/lb higher. Stockpiles of nickel stored in LME licensed warehouse rose over 1000 tonnes and started today, just over the 236,900 tonne level. Nickel ended lower yesterday, but is back on the positive […]
Daily Nickel/Stainless Steel Briefing Nickel closed Monday’s trading session at $9.13/lb ($20,130/tonne). Indicators at 5:45 am CST today show nickel trading around $.20/lb higher. Stockpiles of nickel stored in LME licensed warehouses went unchanged on Monday and remain just north of the 37,000 tonne level. Shanghai nickel rose overnight, to 169,340 y/t. Nickel is up […]
Daily Nickel/Stainless Steel Briefing Nickel closed Tuesday’s trading session at $10.27/lb ($22,650/tonne). Indicators at 6:00 am CST today show nickel trading around $.15/lb lower. Stockpiles of nickel stored in LME licensed warehouses fell on Tuesday and started today’s session, just under the 66,100 tonne level. Nickel continues its see saw trading action, with recession fears […]
