With a decline of 4.1 percent on Feb. 21, 2013, the price of Chinese primary nickel recorded the biggest decline of the day.
The cash price of primary Indian nickel has been on the decline for 7 days. The 3-month price of nickel on the LME has been on the decline for 7 days as well and is now at $17,275 per metric ton. The spot price of nickel saw a 2.2 percent decline on the LME to $17,190 per metric ton.
The price of Chinese ferro-chrome saw essentially no change for the fifth day in a row. The price of Chinese ferro-moly continues hovering in place for the fifth day in a row.