Wednesday, June 30 Daily Nickel/Stainless Steel Wrap-up Baltic Dry Index – minus 41 to 2,406. (chart) Dollar graph in lower right corner of this page – (chart of dollar index) (live java chart) Headlines & leaders – (Bloomberg) Wen Says Economy Heading in Right Direction, `Relatively Fast’ Growth Seen // China’s Communist Party Pledges More […]
Daily Nickel/Stainless Steel Briefing (7:00 AM CST is 12 PM in London) Nickel closed Friday’s trading session at $6.40/lb . Indicators at 6:15 am CST today show nickel trading around $.02/lb lower. Stockpiles of nickel stored in LME licensed warehouses fell on Thursday and Friday and start the week just under the 144,000 tonne level. Nickel […]
Monday, August 31 Daily Nickel/Stainless Steel Wrap-up Baltic Dry Index – closed for holiday today (chart) Dollar graph in lower right corner of this page – (chart of dollar index) (live java chart) Headlines & leaders – (Bloomberg) Yen Gains as Hatoyama’s DPJ Sweeps to Power in Japan, Driving Down Stocks // Japan’s Record […]
Daily Nickel/Stainless Steel Briefing Nickel closed Wednesday’s trading session at $7.89/lb ($17,405/tonne) and Thursday’s session at $7.84/lb ($17,280/tonne). Indicators at 6:50 am CST today show nickel trading around $.08/lb higher. Stockpiles of nickel rose both Wednesday and Thursday and started today’s session just over the 97,250 tonne level. Shanghai nickel fell on Thursday to 137,590 […]
(all ton listings are metric tons = 2204.6 pounds) 3-31 LME nickel closed the day at $7.21/lb * Nickel inventories on the LME slipped by 42 tons to start the day at 10,002 tons. 3-30 Fund liquidation took nickel down to 5 week lows, but rebounded and closed at $7.10/lb. * LME nickel […]
Monday, December 31 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 $7.97/lb . Indicators at 6:40 am CST today show 3 month nickel trading around $.01/lb lower, with other London traded base metals trading mostly quietly higher. Stockpiles of nickel stored […]
Daily Nickel/Stainless Steel Briefing Nickel closed Monday’s trading session at $7.77/lb ($17,125/tonne). Indicators at 6:05 am CST today show nickel trading unchanged . Stockpiles of nickel stored in LME licensed warehouses fell on Monday and ended that session just under the 249,400 tonne level. Nickel climbed back above the $17,000.tonne level yesterday, and so far this […]
Daily Nickel/Stainless Steel Briefing (7:00 AM CST is 12 PM in London) Nickel closed Monday’s trading session at $8.19/lb ($18,050/tonne). Indicators at 6:20 am CST today show nickel trading around $.03/lb lower. Stockpiles of nickel stored in LME licensed warehouses rose again o Monday and started today just over the 155,900 tonne level. Nickel made […]
Monday, April 30 Daily Nickel/Stainless Steel Briefing (7:00 AM CST is 12 PM in London) Three month nickel closed Friday’s trading session at $6.29/lb . Indicators at 6:20 am CST today show 3 month nickel trading around $.02/lb lower. Stockpiles of nickel stored in LME approved warehouses fell on both Thursday and Friday and started […]
(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 […]
