Rising 0.6 percent, the Indian nickel cash price experienced the biggest change for Wednesday, May 29.
After two flat days, the spot price of nickel inched up 0.5 percent on Wednesday on the LME to $14,825. On the LME, the 3-month price of nickel inched up 0.1 percent to $14,855 per metric ton. Following a 0.2 percent rise yesterday, the price of Chinese primary nickel closed higher.
For the fifth day in a row, the prices of Chinese 304 and 316 stainless coil and scrap remained essentially flat.