London Metal Exchange LME recorded an increase in nickel price to the level of US $ 10,500 /t in early February. Trading data reached about US $ 11,000 /t during the past week, up 4.4% from the previous week. In addition, nickel prices were up 5.2% from the previous month.
With China's steel mills gaining momentum after the holidays, nickel prices will gradually rise. Some analysts believe that nickel stocks will decline depending on the growth of demand in the market. There is a possibility that nickel prices are set to surpass the US $ 11,000 /t mark this week.
Subscribe to news
Metallurgy news
- 12 April 2024
09:52 EU steel demand to recover in 2025 - Worldsteel - 05 April 2024
12:40 Liberty's European division is headquartered in Vienna - 01 April 2024
12:51 The number of electric vehicles in Kazakhstan has increased ninefold over the year 12:37 Liberty Czestochowa is preparing to resume production - 27 March 2024
11:38 Ferrexpo faced restrictions on the corporate rights of Ukrainian subsidiaries - 24 March 2024
12:16 Kazakhstan opened a national pavilion at a mining conference in Toronto 11:53 Russian coal imports to China plummet due to import taxes - 18 March 2024
14:06 Voestalpine to sell German special steel division
Publications
27.04 Moving a refrigerator according to all the rules 27.04 Household dehumidifiers in the Osushiteli online store 27.04 High-quality steel reinforcement at an affordable price from the company SAVVATS 25.04 Where to buy a power bank wholesale in Ukraine 23.04 Finoko Company: Global Reporting System