The nickel 3-month price saw the biggest increase at 0.9 percent on the LME, finishing at $16,940 per metric ton for March 22, 2013. After a 0.7 percent increase, the spot price of nickel finished the day on the LME at $16,845 per metric ton.
The cash price of primary Indian nickel flattened after two days of improvement.
Chinese stainless steel prices were flat for the day. The price of Chinese ferro-chrome saw little movement, and the price of Chinese ferro-moly continues hovering in place for the fifth day in a row.
The price of Chinese 316 stainless coil was essentially unchanged. Chinese 304 stainless coil saw little change in its price last Friday. The price of Chinese 316 stainless steel scrap held steady. The price of Chinese 304 stainless steel scrap showed little movement last Friday.
The price of Chinese primary nickel showed little movement last Friday.