Canadian-owned mining sector becoming endangered species – “If U.S. aluminum giant Alcoa succeeds in its hostile takeover bid for iconic Canadian metals giant Alcan Inc., few publicly traded Canadian base- metals companies with international presence will remain on Canada’s main stock exchange.” – article here   Iron ore news -Australia – “It’s official: $1.2bn […]

  Daily Nickel/Stainless Steel Briefing  Nickel closed Monday’s trading session at $8.29/lb   ($18,280/tonne). Indicators at 6:10 am CST today show nickel trading around $.04/lb  lower. Stockpiles of nickel stored in LME licensed warehouses fell on Monday and ended the day just under the 248,700 tonne level. Reuters is reporting the reasoning behind the jump in […]

  Daily Nickel/Stainless Steel Briefing  Nickel closed Monday’s trading session at $10.36/lb   ($22,835/tonne). Indicators at 6:00 am CST today show nickel trading around $.20/lb lower. Stockpiles of nickel stored in LME licensed warehouses fell on Monday and ended that session just under the 92,700 tonne level. Yesterday was brutal for nickel with cash nickel down […]

  Daily Nickel/Stainless Steel Briefing  Nickel closed Monday’s trading session at $7.38/lb ($16,260/tonne). Indicators at 5:20 am CST today show nickel trading around $.01/lb lower. Stockpiles of nickel stored in LME licensed warehouses jumped on Monday and started today’s session just over the 68,450 tonne level. Shanghai nickel rose to 125,750 y/t overnight. Industry news picked […]

    Cell phone and tablet users – smaller version of this page – (here) Thursday, March 30   Daily Nickel/Stainless Steel Briefing (8:00 AM CST is 1PM in London) Three month nickel closed Wednesday’s trading session at $4.52/lb . Indicators at 6:00 am CST today show 3 month nickel trading around $.01/lb lower. Stockpiles of […]

Wednesday, February 29 (Leap Day)   Daily Nickel/Stainless Steel Wrap-up Sucden’s day old nickel chart – (here). Baltic Dry Index – plus 12 to 750. (chart) Dollar graph in lower right corner of this page – (chart of dollar index) (live java chart) Headlines & leaders – (Bloomberg) Chinese Lawmaker Showdown Over Property Curbs Simmers After […]

    Cell phone and tablet users – smaller version of this page – (here) Thursday, May 30   Daily Nickel/Stainless Steel Briefing (7:00 AM CST is 12 PM in London) Three month nickel closed Wednesday’s trading session at $5.47/lb . Indicators at 6:20 am CST today show 3 month nickel trading around $.02/lb lower. Stockpiles […]

  Daily Nickel/Stainless Steel Briefing  Nickel closed Tuesday’s trading session at $8.85/lb ($19,505/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 just under the 107,000 tonne level. Nickel has slipped below its 100 day moving average this morning, […]

    Cell phone and tablet users – smaller version of this page – (here) Thursday, April 28   Daily Nickel/Stainless Steel Briefing (8:00 AM CST is 1PM in London) Three month nickel closed Wednesday’s trading session at $4.17/lb . Indicators at 6:00 am CST today show 3 month nickel trading around $.02/lb higher. Stockpiles of […]

  Daily Nickel/Stainless Steel Briefing  Nickel closed Wednesday’s trading session at $7.86/lb ($17,320/tonne). Indicators at 6:00 am CST today show nickel trading around $.52/lb lower. Stockpiles of nickel stored in LME licensed warehouses fell on Wednesday and ended that session just under the 261,000 tonne level. February ended with a $1200 tonne drop the last week, […]

For current market conditions and news, go here 2004 First Quarter January February March S M T W T F S 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 S M T […]

Friday, December 30 Our next update will come on 1/3 with the London Metal Exchange closed on Monday for the holiday. We wish each of you a healthy 2012 and a year that leaves many pleasurable memories.   Morning Briefing (8:00 AM CST is 1PM in London) Indicators at 6:45 am CST show 3 month […]

  Daily Nickel/Stainless Steel Briefing  Nickel closed Tuesday’s trading session at $5.21/lb ($11,480/tonne). Indicators at 6:15 am CST today show nickel trading around $.08/lb lower. Stockpiles of nickel stored in LME licensed warehouses fell on Tuesday and started the new month just under the 228,800 tonne level. Nickel, while lower this morning, is trading in the […]

    Cell phone and tablet users – smaller version of this page – (here) Thursday, August 31   Daily Nickel/Stainless Steel Briefing (7:00 AM CST is 12 PM in London) Three month nickel closed Wednesday’s trading session at $5.26/lb . Indicators at 6:20 am CST today show 3 month nickel trading around  $.03/lb higher. Stockpiles […]