Spot Price of LME Nickel Gaining Again

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real stainless steel pricing - MetalMiner IndXThe nickel spot price rose 2 percent on Jan. 3, 2013, making it the day’s biggest mover on our stainless price index. After two days of flat prices on the LME, it closed at $17,420 per metric ton.

Also on the LME, the 3-month price of nickel rose 1.7 percent to $17,450 per metric ton.

Meanwhile, the Indian nickel cash price finished the market day up 0.8 percent per kilogram, and the price of Chinese primary nickel remained essentially flat.

today's metal prices - MetalMiner IndXChinese stainless steel prices closed flat for the day. The price of Chinese ferro-chrome continues hovering above $1,300 per metric ton for the fifth day in a row. The price of Chinese ferro-moly was unchanged.

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