Nickel Prices Drop in China, India, on LME on MetalMiner's Daily Stainless Index

The day’s biggest mover was the Indian nickel cash price, which dropped by 1.5 percent on Wednesday, May 15.

The nickel 3-month price saw a 0.9 percent decline on the LME to $15,180 per metric ton. On the LME, the spot price of nickel fell 0.9 percent to $15,100 per metric ton. The price of Chinese primary nickel saw a 1.3 percent decline.

The price of Chinese ferro-chrome continues hovering in place for the fifth day in a row. Also for the fifth day in a row, the price of Chinese ferro-moly remained essentially flat.

today's metal prices - MetalMiner IndX

The prices of Chinese 304 and 316 stainless coil and scrap were unchanged for the day.

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