On Thursday, February 27, the day’s biggest mover was the nickel 3-month price, which saw a 0.6 percent increase on the LME to $14,320 per metric ton.
Also on the LME, the nickel spot price gained 0.4 percent to finish at $14,280 per metric ton. The Indian nickel cash price saw little movement on Thursday.
Chinese 304 and 316 stainless steel prices were flat for the day. The price of Chinese ferro-chrome saw essentially no change for the fifth day in a row. The price of Chinese ferro-moly saw little movement.
The price of Chinese primary nickel flattened following two days of declines.