Chinese Primary Nickel Improves 0.7%

On March 13, 2013, the price of Chinese primary nickel experienced the biggest change, rising 0.7 percent.

The Chinese stainless steel complex did not move yesterday.

The price of Chinese ferro-chrome and Chinese ferro-moly were also unchanged.

The cash price of primary Indian nickel gained 0.1 percent.

Following a two-day rise on the LME, the 3-month price of nickel flattened at $16,695. The nickel spot price steadied at $16,645 per metric ton following two days of increases on the LME.