Archive for 'metals'
Nickel Up On Chinese Consumption and Strike Rumors
Nickel had another record breaking day today reaching $41,200 ton - an all time high.
Chinese metal consumption continues to rise but the main reason for nickel movement is the threat of a strike. With stockpiles low:
Nickel prices are very sensitive to the threat of a potential strike at the Xstrata-owned Sudbury mine in Canada where [...]
Posted: January 25th, 2007 under Asia, General, metals.
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