India Nickel Price Up, While China and LME Nickel Prices Drop

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real stainless steel pricing - MetalMiner IndXThe cash price of primary Indian nickel saw the biggest upwards shift for the day on MetalMiner’s daily stainless price index, rising 0.9 percent on Dec. 18, 2012.

The spot price of nickel saw a 0.8 percent decline on the LME to $17,550 per metric ton. The 3-month price of nickel weakened by 0.3 percent on the LME, settling at $17,715 per metric ton. The price of Chinese primary nickel declined 0.2 percent.

Chinese 304 and 316 stainless steel coil and scrap prices closed steady yesterday.

today's metal prices - MetalMiner IndXThe price of Chinese ferro-chrome saw little movement. The price of Chinese ferro-moly held steady.

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