The price of Chinese primary nickel closed Nov. 15, 2012 by halting its two-day flat run with a 1 percent shift on MetalMiner’s stainless price index.
On the LME, the 3-month price of nickel rose 0.7 percent to $16,100 per metric ton. The LME spot price of nickel rose 0.5 percent to $15,980 per metric ton. The Indian nickel cash price inched up 0.2 percent.
Chinese 304 and 316 stainless steel coil and scrap all stayed flat.