India, LME Nickel Prices At Odds on Daily Stainless Index

The Indian nickel cash price saw the biggest increase at 2.6 percent for Thursday, August 22.

On the LME, however, the nickel spot price fell 0.8 percent to $14,445 per metric ton. The 3-month price of nickel saw a 0.7 percent decline on the LME to $14,550 per metric ton.

* Get the complete prices every day on the MetalMiner IndX℠

Chinese stainless steel prices were mixed for the day. 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 price of Chinese primary nickel fell 0.5 percent.

For the fifth consecutive day, the prices of Chinese 304 and 316 stainless coil and scrap held flat.

FREE Download: The Monthly MMI® Report – covering the Stainless/Nickel markets.

Scroll to Top