“Solutions for specialty alloy piping requirements"
Nickel - Monel® - Inconel® - Incoloy® - Hastelloy® - Alloy 20 - Duplex
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“Solutions for specialty alloy piping requirements"
Nickel - Monel® - Inconel® - Incoloy® - Hastelloy® - Alloy 20 - Duplex
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| Nickel Watch Information listed below is courtesy of The Stainless Steel News.
03-10-2010 Dow Jones reports three month nickel ended the day at $9.76lb. Nickel’s ‘Roll Over’ Signals More Declines: Technical Analysis - Nickel’s “momentum roll over” after prices fell from a 20-month high last week signals further declines, according to technical analysis by Barclays Capital. - more London Metal Exchange inventory figures/changes - (for today's figures see MF Global report above) Today's almost official prices here / Yesterday's actual LME official prices here or here (chart) 03-09-2010 Dow Jones reports three month nickel ended at $10.09lb. (SBB) Barclays forecasts 9-12% demand growth for zinc & nickel. Nickel firms could restart at $25,000/T-Norilsk - Nickel producers worldwide are likely to restart idled capacity when the price of the metal reaches $23,000-25,000 a ton for a sustained period, an official from the world's largest producer said on Tuesday. - more Future nickel supply dependent on success of high pressure acid leach - The future of a number of new nickel projects hinges on the ability of operators to successfully implement the third generation of the High Pressure Acid Leach (HPAL) process, T.D. Newcrest metals analysts Greg Barnes told a large audience of mining professionals and analysts Sunday - more London Metal Exchange inventory figures/changes - (for today's figures see MF Global report above) Today's almost official prices here / Yesterday's actual LME official prices here or here (chart) 03-08-2010 Dow Jones reports three month nickel ended the day at $10.11lb. Vale Inco, union break off Sudbury talks - In a presentation to the Prospectors and Developers Association of Canada convention on Sunday afternoon, TD Newcrest analyst Greg Barnes cautioned that a deal to end the seven-month strike at Vale Inco's operations in Sudbury, Ontario, could put some downwards pressure on the nickel price. - more USW, Vale Inco talks break off, company says - Vale Inco expressed great disappointment today over a breakdown in mediated contract talks with the United Steelworkers (USW) Locals 6500 and 6200 representing production and maintenance employees at the company's operations in Sudbury and Port Colborne. - more Economic growth to keep metal prices strong - As the global economy recovers from the worst recession in 70 years, industrial metals are expected to stay on a recovery path this year, but metal producers warn that the advance may be slow as demand remains shaky. - more Global metals demand to improve in 2011-HSBC - Demand for global metals should improve radically between now and next year, due in large part to bulk consumption by Chinese infrastructure projects, a top strategist for HSBC metals said on Sunday. - more China's Jinchuan sees nickel prices retreating - China's Jinchuan Group expects lukewarm demand growth for nickel in China this year, with prices of the stainless steel ingredient falling back to average $18,000 a tonne in 2010, the firm's chairman told Reuters on Sunday. - more London Metal Exchange inventory figures/changes - (for today's figures see MF Global report above) Today's almost official prices here / Yesterday's actual LME official prices here or here (chart) Every effort is made to provide factual information. Multiple sources are used for obtaining this information and there is no guarantee of its accuracy
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