LME Nickel 3-Month Price Lower

On Jan. 28, 2013, the nickel 3-month price fell by 0.3 percent on the LME, landing at $17,300 per metric ton and making it the day’s biggest mover.

The nickel spot price saw little movement yesterday on the LME, closing out around $17,260 per metric ton.

The cash price of primary Indian nickel rose 0.2 percent after a two-day drop. The price of Chinese primary nickel held steady.

Chinese stainless steel prices were flat for the day. The price of Chinese ferro-chrome was unchanged. The price of Chinese ferro-moly saw little movement.