LME Nickel Price Improves, China 304 Stainless Falls

On Jan. 17, 2013, the 3-month price of nickel experienced the biggest change, rising 0.9 percent on the LME to $17,375 per metric ton. At $17,280, the spot price of nickel finished the market day on the LME up 0.6 percent per metric ton.

real stainless steel pricing - MetalMiner IndXThe Indian nickel cash price fell 0.7 percent. The price of Chinese primary nickel saw a 0.5 percent decline.

Chinese stainless steel prices were mixed for the day. The price of Chinese ferro-chrome saw little movement. The price of Chinese ferro-moly held steady.

After holding steady for the past few days, the price of Chinese 304 stainless coil fell 0.6 percent. The price of Chinese 304 stainless steel scrap fell 0.6 percent on Thursday after three straight days with no change.

today's metal prices - MetalMiner IndXThe price of Chinese 316 stainless coil remained steady. The price of Chinese 316 stainless steel scrap continues hovering in place for the fifth day in a row.


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