The world prices for nickel rose consistently last week. Nickel futures on the LME rose over $200 last Friday (January 21) to an 11-year high of $24,000/t. At the same time, market stocks monitored by the LME fell to 93,480 tonnes.
Nickel prices rose five consecutive weeks as market inventories continued to decline and market demand in China increased.
Nickel futures on the LME fell only on the first day of trading. LME futures rose $233 to close at $24,028 a tonne on May 21st. At the same time, spot prices rose $244 to close at $24,320/t.
Nickel prices as a whole rose 8.3% last week, rising by $1,834, reaching five straight weeks of price growth.
+38 (098) 875-40-48
|
|
|
Subscribe to news 
Metallurgy news
- 23 April 2025
13:09 The roof for the new stadium of the football club Manchester United will be erected from steel - 14 April 2025
14:24 Turkish exporters must take into account the EU trade adjustments - 07 April 2025
12:11 World markets in free fall, since Trump deepens into a tariff medicine - 29 March 2025
15:33 WorldSteel: World production steel decreased - 26 March 2025
16:47 Electrolux sets the goal of using processed steel - 23 March 2025
13:47 British steel-steelers were faced with the abolition of orders due to American duties on steel 13:43 Trade with the EU: Turkey leads steel exports in 2024 - 11 March 2025
13:29 The American company produces pure hydrogen using waste gases from steel production
Publications
01.05 Vibir Slotyv Dzhiji Bet casino 01.05 Components for the arrangement of drip irrigation 26.04 Psychologist in Minsk: professional assistance and support 26.04 Modern sawmills for effective wood processing 24.04 Metal turning machines - accuracy, reliability, versatility
