LME Spot Price of Nickel Up Again

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On Feb. 28, 2013, the day’s biggest mover was the nickel spot price, which saw a 1.2 percent increase on the LME to $16,705 per metric ton. This increase comes after the price fell for the two previous days.

The 3-month price of nickel rose 1 percent on the LME to $16,755 per metric ton after a two-day drop.

today's metal prices - MetalMiner IndXThe cash price of primary Indian nickel weakened by 0.4 percent.

Chinese stainless steel prices were flat for the day. The price of Chinese ferro-chrome saw little movement. The price of Chinese ferro-moly saw essentially no change for the fifth day in a row.

Chinese 304 and 316 stainless coil and scrap prices stayed flat.