Cash Price of Primary Indian Nickel Shifts Up 2%

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Rising 2.0 percent to close up, the Indian nickel cash price experienced the biggest change for March 12, 2013.

The spot price of nickel finished the market day on the LME up 0.5 percent per metric ton. On the LME, the 3-month price of nickel gained 0.4 percent to finish at $16,695 per metric ton.

today's metal prices - MetalMiner IndXChinese stainless steel prices were mixed for the day. The price of Chinese ferro-chrome saw essentially no change for the fifth day in a row. The price of Chinese ferro-moly held steady.

The prices of Chinese 304 and 316 stainless coil and scrap were unchanged. After a 0.2 percent increase, the price of Chinese primary nickel finished the day up.