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  • Archive

    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 [...]