On March 26, 2013, the day’s biggest mover was the price of Chinese primary nickel, which saw a 1.1 percent decline.
For the fifth consecutive day, the price of Chinese 304 stainless steel scrap held flat. The price of Chinese 316 stainless steel scrap continues hovering in place for the fifth day in a row. The price of Chinese 304 stainless coil saw essentially no change for the fifth day in a row. The price of Chinese 316 stainless coil held steady.
On the LME, the nickel spot price rose 0.6 percent to $16,925 per metric ton. On the LME, the nickel 3-month price rose 0.4 percent to $17,000 per metric ton.
The Indian nickel cash price inched up 0.4 percent.