LME Nickel Spot Price Drops Significantly

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On Friday, April 19, the day’s biggest mover was the spot price of nickel, which saw a 7.4 percent increase on the LME to $15,385 per metric ton. On the LME, the 3-month price of nickel held steady around $15,415 per metric ton.

today's metal prices - MetalMiner IndXThe cash price of primary Indian nickel reached a thirty-day low after decreasing 1.0 percent. Just off of a thirty-day low, the price of Chinese primary nickel rose 1.1 percent last Friday.

Chinese stainless steel closed mixed last Friday. The price of Chinese ferro-chrome continues hovering in place for the fifth day in a row. The price of Chinese ferro-moly was unchanged.

The prices of Chinese 304 and 316 stainless coil and scrap kept holding flat.