Nickel industry faces delays
Nickel Investing News reports nickel prices fell as producers have to delay their projects. So far, in 2008, and extending into 2009, mines in Australia, Canada, Finland, Africa and Asia have cut...
View ArticleNickel on the fast track
Nickel Investing News reports nickel gained 50% of its value in the New Year. So why the sudden rebound? The rapid ascent was due to the price index signaling that prices for the base metals and raw...
View ArticleGrowing inventories weigh on nickel
Nickel Investing News reports nickel having the slowest price to rebound. Output reduction in Japan and China decreased production by 6.1 per cent. World demand was down 1.9 per cent from the same...
View ArticleCutbacks make way for nickel boom
Nickel Investing News reports two factors to improve nickel prices despite last year’s biggest plunge in its price. For the nickel market to improve in 2009, two key events need to transpire. First...
View ArticleLack of purchases halt nickel
Nickel Investing News reports nickel prices are improving with the rebalancing for base metals. Now, it is one month into the year and the gains have halted. London Metal Exchange three-month nickel...
View ArticleNickel’s near term outlook bleak
Nickel Investing News reports nickel prices aren’t shining in the near term and has fallen over 80%. Nickel futures declined this week on the MCX. The most actively trading, the nickel March contract,...
View ArticleNickel demand at four year low
Nickel Investing News reports demand for nickel is at a 4 year low. Nickel prices have rallied as much as 14 per cent since the start of the month, but are likely to remain volatile. Analysts predict...
View ArticleSteelmakers’ search for nickel substitute in hiatus
Nickel Investing News reports nickel prices fell almost 80% in less than two years, In the meantime, it is going to take time for the nickel industry to adjust to the current economy. The global nickel...
View ArticleMolybdenum gets a boost
Moly Investing News reports molybdenum prices boosted over the past weeks due to Asian demand. The strategic metal is currently trading in the range of $10.60 to $10.80 a pound, up from $10 to $10.50 a...
View ArticleNickel Prices Rally: Will Climb Continue?
Nickel prices hit a 21-month high Wednesday, up 34.9 percent over the first quarter. Some analysts believe this trend will continue with expectations of stronger demand from stainless steel...
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