Chinese Primary Nickel Shifts Up 2.1%

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With a 2.1 percent increase over the past day, the price of Chinese primary nickel was the biggest mover, closing up on Feb. 4, 2013.

real stainless steel pricing - MetalMiner IndX The Indian nickel cash price has been on the rise for 9 days and is now between $18 and $19 per kilogram.

The 3-month price of nickel ended a two-day climb, settling at $18,445 per metric ton on the LME. After a couple of days of improving prices on the LME, the nickel spot price held steady at $18,375.

The prices of Chinese 304 and 316 stainless steel coil and scrap remained steady.

For the fifth consecutive day, the price of Chinese ferro-chrome held flat. The price of Chinese ferro-moly was unchanged.