With a 1.0 percent increase over the past day, the spot price of nickel was the biggest mover on the LME, closing at $15,280 per metric ton on Monday, April 29. On the LME, the 3-month price of nickel rose 0.8 percent to $15,350 per metric ton.
The cash price of primary Indian nickel saw little price change yesterday.
Chinese stainless steel prices closed flat for the day. 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.
For the fifth consecutive day, the prices of Chinese 304 and 316 stainless coil and scrap did not move.
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