Cash Price of Primary Indian Nickel Lower

by on

On Thursday, December 26, the cash price of primary Indian nickel fell by 0.8 percent, making it the day’s biggest mover. On the LME, the spot price of nickel held steady around $14,045 per metric ton. On the LME, the nickel 3-month price saw little change in its price on Thursday at $14,105 per metric ton.

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

Chinese stainless steel prices were flat for the day. For the fifth day in a row, the price of Chinese ferro-chrome remained essentially flat. The price of Chinese ferro-moly remained essentially flat.

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

The price of Chinese 316 stainless coil held steady. The price of Chinese 304 stainless coil was unchanged. For the fifth day in a row, the price of Chinese 316 stainless steel scrap remained essentially flat. The price of Chinese 304 stainless steel scrap saw essentially no change for the fifth day in a row. The price of Chinese primary nickel showed little movement on Thursday.