With a decline of 2.3 percent on the LME to $17,075 per metric ton on Dec. 25, 2012, the nickel 3-month price recorded the biggest decline of the day. The nickel spot price saw a 2.1 percent decline on the LME to $17,010 per metric ton.
For the fifth consecutive day, the price of Chinese ferro-chrome held flat. The price of Chinese ferro-moly saw essentially no change for the fifth day in a row.
The price of Chinese primary nickel has been on the decline for 8 days. The prices of Chinese 304 and 316 stainless scrap and coil saw little movement.