The day’s biggest mover was the Indian nickel cash price which dropped by 1.2 percent on April 11, 2013.
On the LME, the 3-month price of nickel inched up 0.5 percent to $16,200 per metric ton. On the LME, the nickel spot price increased 0.5 percent to $16,140 per metric ton.
Chinese stainless steel prices didn’t move on Thursday. 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 price of Chinese primary nickel declined 0.4 percent.
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