LME Nickel 3-Month Price Performs About-Face

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On Dec. 14, 2012, the day’s biggest mover on the daily stainless price index was the 3-month price of nickel, which saw a 1.9 percent decline on the LME to $17,500 per metric ton.

After improving for two days, the spot price of nickel declined 1.9 percent on the LME to $17,425 per metric ton.

today's metal prices - MetalMiner IndXThe Indian nickel cash price gained 1.9 percent as well. The price of Chinese primary nickel remained essentially flat.

Chinese stainless steel prices were flat for the day.

The price of Chinese ferro-chrome saw little movement. For the fifth consecutive day, the price of Chinese ferro-moly held flat.

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