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.

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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.

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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.