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Nickel rises after Indonesian court ruling

Nickel climbed to a one week high overnight following news that Indonesia’s Constitutional Court upheld a ban on exports of unprocessed ore. This decision impacts the price of the metal due to Indonesia being the world’s biggest producer. Nickel for ...

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Nickel reforms after the fall of NPI

The output of lower grade pig iron is declining, due to the effect of the price on the production rate of the current situation, and this could be favorable in balancing the market, stated the analysts, Roger Yuan and Max Layton, in ...

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BHP looks at Glencore’s offer for Nickel West holdings

According to the reports, the offer made by Glemncore for Nickel West mine lies between the margins of 190 million dollars and 230 million dollars. Even so, Glencore refused to admit or comment regarding any matter associated with Nickel West ...

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Poseidon Nickel procures Lake Johnston nickel project

The company is planning to finance, the investment, which accompanies the basic physical and organizational structures and facilities, supplies and tenements from the existing cash fund. Lake Johnston has a historical past of producing more than 12,000 tonnes nickel annually.   Previously ...

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Nickel gains mass production

One third of global, produce of Nickel disappeared in just a few days. Nickel prices rose so suddenly, when the investor’s hoped a sudden decline. Even so, Chinese Nickel Pig Iron  (NPI) has been stocking the metal. To the investors’ ...

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Glencore and Jinchuan Group to procure Nickel West unit

The BHP group has been atomizing the Nickel West unit sale, the whole unit will be sold or major part of of the unit will be sold and the rest will be shut down. Either way the BHP group will ...

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Chinese Scrap Prices Witness Mixed Trend, Nickel Falls

The Chinese scrap prices closed on a mixed note on ScrapMonster Price Index  as on Monday, June 23rd. #1 HMS prices remained unchanged from the prices a day before. The price of #1 Bare Bright Copper Wire inched higher by CNY 700 ...

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Nickel/Stainless Steel Briefing

Dow Jones reports three month nickel closed Wednesday’s trading session at $8.73/lb . Indicators at 7:00 am CST today show 3 month nickel trading around $.21/lb  lower, with other London traded base metals trading lower as well. Stockpiles of nickel stored in LME licensed ...

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