LME 3-Month Price of Nickel Falls on Daily Index

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On Jan. 22, 2013, the day’s biggest mover on MetalMiner’s stainless price index was the 3-month price of nickel, which saw a 1.5 percent decline on the LME to $17,425 per metric ton. The nickel spot price declined 1.4 percent on the LME to $17,360 per metric ton, after two days of improvement.

The cash price of primary Indian nickel declined 0.9 percent. The price of Chinese primary nickel saw little change in its price yesterday.

real stainless steel pricing - MetalMiner IndXChinese stainless steel prices were flat for the day. Meanwhile, the price of Chinese ferro-chrome was unchanged and the price of Chinese ferro-moly remained essentially flat.

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