Nickel 3-Month Price Shifts Up 1.3%

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The 3-month price of nickel saw the biggest increase on our daily stainless index at 1.3 percent on the LME, finishing at $17,695 per metric ton for Jan. 21, 2013.

Also on the LME, the spot price of nickel gained 1.3 percent to finish at $17,610 per metric ton.

The Indian nickel cash price declined 1 percent. The price of Chinese primary nickel remained essentially flat.

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 was unchanged.

today's metal prices - MetalMiner IndXChinese 304 and 316 stainless coil and scrap held their value.

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