On April 3, 2013, Chinese 304 stainless steel scrap jumped up 2.3 percent, making it the day’s biggest increase.

After a 2.3 percent increase, Chinese 304 stainless coil finished the day up too. The price of Chinese primary nickel declined 1.5 percent.

For the fifth consecutive day, the price of Chinese 316 stainless steel scrap held flat. The price of Chinese 316 stainless coil held steady.

The price of Chinese ferro-chrome remained essentially flat. The price of Chinese ferro-moly saw essentially no change for the fifth day in a row.

The 3-month price of nickel dropped by 1.5 percent on the LME to $16,445 per metric ton after holding steady. Following a quiet couple of days, the nickel spot price fell 0.9 percent yesterday on the LME to $16,385 per metric ton.

The cash price of primary Indian nickel weakened by 1.1 percent.